Key Takeaways: SWIFT is testing blockchain-based onchain messaging and a stablecoin-like settlement token with Linea. More than a dozen major banks, including BNP Paribas and BNY Mellon, are part of the pilot. The project could reshape global payments by replacing legacy systems with faster, cheape...
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A significant transformation for international payments is on the way thanks to the interbank messaging system SWIFT. To the uninitiated, SWIFT is the backbone of the global financial messaging network, connecting more than 11,000 institutions across 200 countries. If you’ve ever sent or received a...
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