tokenized deposits

HSBC, Standard Chartered complete first live Swift blockchain transaction

HSBC and Standard Chartered have completed the first live interbank tokenised deposit transaction using Swift's blockchain-based ledger, a milestone in efforts to integrate digital money into mainstream banking infrastructure.

Emirates NBD goes live on blockchain payments as Swift, US banks push digital rails

A series of moves by major financial institutions in recent days signals that blockchain-based payments are shifting from pilot projects to live infrastructure. Swift announced on July 9 that its blockchain-based shared ledger is ready for initial use, while Emirates…

Swift activates blockchain ledger for 24/7 payments

SWIFT announced on Wednesday that its blockchain-based ledger is ready for initial use, with 17 major banks from six continents preparing to pilot live cross-border payments using tokenized deposits — a move that could reshape how money moves between countries…