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LAST UPDATE: September 29, 2025


SWIFT and top global banks working on blockchain-based overhaul

Reuters

SWIFT and more than 30 global banks are collaborating on a blockchain-based “shared digital ledger” to enable 24/7 instant cross-border payments and integrate with digital money systems. (Reuters)

Insight

This initiative could modernize cross-border finance, reduce settlement friction, and position traditional banking infrastructure for better interoperability with digital assets.

Related Countries:International / Switzerland

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