Investing & Markets

SWIFT's Blockchain Leap: Top Crypto Presales to Watch

SWIFT's Blockchain Leap: Top Crypto Presales to Watch

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 in…

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