A profound transformation for international payments is on the horizon, thanks to the interbank messaging system, SWIFT. For those unfamiliar, SWIFT serves as the indispensable backbone of the global financial messaging network, seamlessly connecting over 11,000 institutions across more than 200 countries. If you have ever initiated or received a cross-border payment, it is highly probable that you have interacted with SWIFT, whether your bank requested its details, provided them, or utilized it to reconcile transactions.
In a groundbreaking development, SWIFT has commenced testing on-chain payments and messaging capabilities utilizing Ethereum’s Layer-2 network, Linea. This pivotal project involves some of the most prominent entities in global banking, including BNP Paribas and BNY Mellon. A particularly transformative aspect of this trial is the innovative application of a stablecoin-like token designed for interbank settlement. This article delves deeper into SWIFT’s latest foray into the crypto landscape, exploring its potential to revolutionize both traditional banking and the digital asset space. Furthermore, we will examine how investors can strategically leverage this evolving paradigm by considering promising crypto presales.
Why SWIFT’s Linea Partnership Signals Mainstream Adoption
As previously noted, SWIFT’s blockchain experiment is meticulously designed to investigate the utility of decentralized technology for on-chain messaging and settlement. The initiative aims to rigorously analyze how the proposed stablecoin token could facilitate direct transaction settlements on blockchain infrastructure. Importantly, SWIFT intends to broaden this experiment, or the stablecoin’s functional scope, to encompass direct value transfer. The overarching objective is to diminish banks’ reliance on traditional intermediaries, thereby streamlining the entire process of international payments, making it more efficient, expedited, and economically viable.
It is worth acknowledging that this is not SWIFT’s inaugural engagement with blockchain technology. In 2022, the organization collaborated with Chainlink to pilot cross-chain communication solutions. This continuous exploration, coupled with the global trend of central banks and regulators developing frameworks for Central Bank Digital Currencies (CBDCs) and stablecoins, strongly affirms that global financial institutions are acutely aware of the intrinsic value and transformative potential offered by cryptocurrencies and blockchain. Their eagerness to integrate these innovations with existing financial infrastructure is increasingly evident.
The strategic selection of Linea, an Ethereum Layer-2 network, by SWIFT is also noteworthy. Linea leverages advanced ZK roll-up technology, distinguished by its inherent advantages of low transaction costs and high throughput, all while upholding Ethereum’s robust security protocols. Crucially, Linea prioritizes data privacy, an imperative consideration when managing sensitive international banking operations. Collectively, these developments unequivocally demonstrate that crypto is rapidly achieving mainstream adoption. The pertinent question for investors, therefore, is how to optimally capitalize on this seismic shift. The answer lies in identifying promising low-cap altcoins, particularly those in their presale phases.
In the current dynamic market environment, and recognizing that SWIFT’s experiment will naturally unfold over several months, presales present a distinctive investment advantage. These tokens, having not yet officially listed on exchanges, are naturally insulated from prevailing market volatility. Upon their eventual listing, they will be well-positioned to flourish within a potentially clearer bull market, underpinned by both fundamental and technical bullish catalysts.
1. Snorter Token ($SNORT) – Empowering Retail Traders with a Telegram Bot
Meme coin trading undeniably represents one of the most compelling and heavily trafficked sectors within the cryptocurrency market. However, it is often an uneven playing field. Larger financial entities, equipped with sophisticated tools, frequently absorb the majority of liquidity in newly launched tokens, monopolizing profits and leaving retail traders with minimal gains. Snorter Token ($SNORT) seeks to fundamentally alter this dynamic, striving to create a more equitable environment for everyday participants.
This is achieved through an intuitive Telegram-based trading bot that enables users to pre-set buy, sell, limit, and stop orders. These orders are then automatically executed the precise moment liquidity becomes available. Designed with accessibility in mind, the bot facilitates all operations – from placing orders and managing portfolios to activating copy-trading functions – through simple commands within the familiar Telegram chat interface.
Furthermore, a key attribute of the Snorter bot is its robust security architecture. It safeguards users against various malicious schemes, including rug pulls, honeypot scams, and complex sandwich attacks that can erode genuine profits. Acquiring Snorter Token provides investors with a direct stake in the bot’s anticipated growth. Holding $SNORT also unlocks a suite of exclusive benefits, such as access to advanced trading analytics, unlimited daily sniping capabilities, reduced trading fees (0.85% compared to the standard 1.5%), and attractive staking rewards, currently yielding 114%.
Currently in its presale phase, $SNORT has successfully amassed over $4.1 million, with each token available at a price of just $0.1055.
2. Best Wallet Token ($BEST) – Secure, User-Friendly Crypto Wallet for All
Best Wallet Token ($BEST) powers an innovative, free crypto wallet that offers an exceptional blend of stringent security and remarkable ease-of-use. Best Wallet distinguishes itself as a non-custodial crypto wallet, granting users exclusive control over their private keys. This, coupled with superior data encryption and two-factor authentication, guarantees that only the user can access their digital assets.
A standout feature of Best Wallet is its pioneering ‘Upcoming Tokens’ section. This integrated platform allows users to directly purchase promising crypto presales from within the app, eliminating the need to navigate external presale websites, verify their legitimacy, and undergo the often cumbersome process of connecting wallets and authorizing transactions. Given the comprehensive suite of features offered, Best Wallet is strategically positioned to capture over 40% of the non-custodial market by 2027. Investing in Best Wallet Token ($BEST) allows participation in this anticipated growth trajectory.
Beyond potential capital appreciation, holding $BEST confers a variety of exclusive platform benefits. These include reduced transaction and gas fees, voting rights on crucial platform decisions, early-bird access to new meme coin presales, and appealing staking rewards, currently providing an 82% annual yield. The $BEST presale has already attracted significant interest, raising an impressive $16.1 million from early investors, with tokens still available at an attractive price of $0.025705.
3. Remittix ($RTX) – Seamless Cross-Border Crypto-to-Fiat Payments
One of the most persistent challenges within the contemporary banking infrastructure is the complexity of sending international payments. The cross-border payments market, despite its staggering valuation of nearly $250 trillion, remains characterized by inefficiencies. Enter Remittix ($RTX), a revolutionary PayFi (payment finance) solution meticulously engineered to bridge the gaps in existing banking infrastructure by leveraging cryptocurrency, thereby synergizing the two distinct industries.
In essence, Remittix facilitates the transmission of cryptocurrency to any bank account globally. The remarkable advantage is that the recipient receives the funds in their local fiat currency, completely unaware that the payment originated as crypto. This seamless experience is further enhanced by zero forex markup fees on transfers, same-day transaction processing, and a highly intuitive user interface, ensuring ease of use even for novice users.
The Remittix presale, having already garnered over $26.7 million, represents a significant investment opportunity, especially when viewed against the backdrop of major financial players like SWIFT actively embracing crypto solutions. With each $RTX token currently priced at just $0.1130, now presents an opportune moment for potential investment.
Recap
As SWIFT propels blockchain technology into mainstream banking, the current period represents an opportune moment to explore low-priced, high-upside investment opportunities such as Snorter Token ($SNORT), Best Wallet Token ($BEST), and Remittix ($RTX). These presale projects offer innovative solutions and substantial growth potential within a rapidly evolving financial landscape.
Disclaimer: Crypto investments inherently carry high risks. None of the foregoing information constitutes financial advice; therefore, investors are strongly encouraged to conduct thorough independent research before making any investment decisions.
Authored by Krishi Chowdhary, Bitcoinist
