HSBC and Standard Chartered Complete First Live Trade on Swift Blockchain Ledger
HSBC and Standard Chartered executed the first live tokenized deposit transaction on Swift's new blockchain-based settlement ledger, marking Swift's first production deployment of distributed ledger technology across multiple major banks. Operators should note this is a live network-infrastructure event on the world's dominant correspondent banking rail, not a pilot.
Sources
More in Crypto and Stablecoins
- Nasdaq Ventures Commits $100M to Kraken Parent Payward in Equity Deal
- SEC Proposes Regulation Crypto Assets Framework for Digital Asset Investment Contracts
- SEC Issues No-Action Letter Clearing Franklin Templeton Funds for On-Chain Cash Management
- US CBDC Ban Enacted Into Law via Housing Bill
- Gauntlet Raises $125M Series C Solely from SBI Holdings for DeFi Risk Platform