Swift Blockchain Ledger Ready as 17 Banks Pilot Tokenized Cross-Border Payments
2026-07-09 15:56

Woofun AI reports that Swift has declared its blockchain-based ledger operational, enabling 17 financial institutions across six continents to initiate pilot programs for tokenized cross-border payments. The infrastructure serves as a secure orchestration layer, allowing participating banks to issue tokenized deposits on their own ledgers and facilitate round-the-clock fund transfers prior to final settlement via existing systems. The consortium includes ANZ, BNP Paribas, BNY Mellon, Citibank, DBS Bank, First Abu Dhabi Bank, FirstRand Bank, HSBC, Itaú Unibanco, Lloyds Bank, Mashreq Bank, MUFG Bank, OCBC Bank, Standard Chartered Bank, UBS Group, UOB, and Wells Fargo.

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Tags:
Swift
ANZ
BNP Paribas
BNY Mellon
Citibank
DBS Bank
First Abu Dhabi Bank
FirstRand Bank
HSBC
Itaú Unibanco
Lloyds Bank
Mashreq Bank
MUFG Bank
OCBC Bank
Standard Chartered Bank
UBS Group
UOB
Wells Fargo
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