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SWIFT Launches Blockchain Ledger for Tokenized Deposit Pilot with 17 Banks
SWIFT has introduced a new blockchain ledger to host a tokenized bank deposit pilot involving 17 major banks, aiming to accelerate cross-border payments.

SWIFT has introduced a new blockchain ledger to host a tokenized bank deposit pilot involving 17 major banks, aiming to accelerate cross-border payments.

Anchorage Digital launches a new tokenized deposit platform, enabling financial institutions to offer round-the-clock payments and settlement.

Major U.S. banks are developing a new digital currency network using tokenized deposits to compete with stablecoins and modernize financial transactions.

Major banks like JPMorgan and Citi are reportedly launching a tokenized deposit network by early 2027 to compete with stablecoins and modernize financial transactions.