SWIFT finally gets serious, 17 banks pilot tokenized deposits, the wall between traditional finance and the on-chain world is collapsing.

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CoinNetwork
SWIFT confirms 17 banks are preparing to pilot crypto-style cross-border payments.
Coin World reports that SWIFT has confirmed 17 banks will launch pilot cross-border payments in a crypto style, using tokenized deposits on a new blockchain ledger to enable 24/7 transfers. SWIFT said its infrastructure covers more than 200 markets and moves funds equivalent to global GDP every 2 to 3 days.
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