Global bank messaging giant Swift has announced that it is set to conduct trial live transactions of tokenized assets and digital currencies starting next year. This marks a significant step towards integrating these assets into the mainstream financial system. The announcement follows the progress made from earlier experiments into practical
Swift, a global member-owned cooperative renowned for its secure financial messaging services, is making significant strides in its quest for Central Bank Digital Currency (CBDC) interoperability. In a notable development, Swift revealed on September 13 that three central banks are currently beta-testing its innovative CBDC connector solution. Simultaneously, 30 financial
Chainlink and SWIFT partnered on a cross-chain interoperability protocol. This project helps to close the barrier between traditional and digital assets. Chainlink (LINK), the price feed provider, has teamed with SWIFT, a global financial messaging, on a cross-chain interoperability protocol (CCIP). This Chainlink’s proof-of-concept (POC) project would offer traditional finance
Russia has even extended the 30 days extension for returning the international debits. The last debt failure was in 1998 for $40 billion during the ruble collapse. Russia seems to be stuck in incessant troubles post the war on Ukraine. Ever since the country invaded neighboring regions, cross-border relationships don’t
MEXC, a global cryptocurrency exchange with a trading engine that can process 1.4 million transactions per second, has announced the support of direct USD deposits following the integration of SWIFT and Fedwire. According to a recent announcement, MEXC clients in North America and Europe can access the service through their
