Every Zipp story tagged #Swift, newest first.
The 11,500-bank messaging backbone finally moves onto a shared ledger, with tokenized deposits earmarked for wholesale settlement and stablecoins pushed into a complementary retail corridor.
Swift expanded a bank-led blockchain settlement network to 40+ institutions the same week Stripe went after PayPal's 400M-user wallet.
Programmatic sales stay paused while OTC desks add depth for Ripple Payments ODL corridors, just as SWIFT's own blockchain layer moves from pilot to rollout.
Zschach's dismissal came hours after Ripple Treasury joined SWIFT's certified program, but the brief exchange isn't a SWIFT endorsement of XRP.
Built in nine months and live across the largest bank consortium on the planet, SWIFT's crypto ledger turns cross-border tokenized settlement from pilot theater into production rails overnight.
The pilot unites UBS, HSBC, Citi, Wells Fargo, BNP Paribas and BNY on a shared ledger for tokenized deposits, extending bank-controlled money into always-on settlement without ripping out existing…
The pilot doesn't replace correspondent banking; it wraps a 24/7 blockchain rail around existing settlement so 17 major banks can move tokenized deposits without rewriting compliance stacks.
Seventeen global banks signed on to pilot live tokenized-deposit transactions on Swift's new chain, turning the messaging incumbent into direct infrastructure for the cross-border payments stack.
The $10B revenue claim is the headline number — the real test is whether insurers outside Iran accept claims paid in BTC while the US sanctions regime still has teeth.
Western Union's chief executive has signalled the company is exploring a stablecoin launch aimed at settling…
CoinDesk
Crypto News
TheBlock
CoinTelegraph
WuBlockchain