Swift Teams Up With Over 30 Banks to Launch 24/7 Blockchain Payment Ledger
Swift is collaborating with more than 30 global banks to develop a continuously operating blockchain-based ledger for cross-border payments.
The initiative aims to upgrade existing payment rails by blending blockchain’s speed and transparency with Swift’s established infrastructure. By enabling round-the-clock settlement and integrating distributed ledger technology, the project could reduce settlement times, cut counterparty risk, and modernize global financial flows. If successful, this would represent a major step toward bridging traditional finance with blockchain innovation.
Clever Robot News Desk 30th September 2025
