‼️ HUGE: SWIFT confirms over 50 major banks will implement CRYPTO rails for cross-border payments.



Bank of America, JP Morgan, Deutsche Bank, Bank of China and SBI are among the banks backing the initiative, with over 25 set to begin processing payments by June.

Swift handles over $150 TRILLION annually.

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Stop-LossInTheEveningGlow
· 8h ago
Let's wait until June to see the actual implementation. Hopefully, it's not just big talk and little action again, but this time JP Morgan has also joined in, so it feels different.
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0XsundayCook
· 10h ago
Is Bank of China also on the list? Interesting, the trend really has shifted.
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NftClosetGhost
· 10h ago
$150 trillion in annual transaction volume, even just 1% of that on the chain is an astronomical figure.
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HotAirBalloonCrossingMountains
· 10h ago
Swift made a brilliant move here; traditional finance is finally not being stubborn anymore.
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