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SWIFT Moves to Blockchain Settlement With Live Trials
📰 sources⭐ 7.0
TL;DR:
SWIFT, the messaging backbone connecting over 11,000 financial institutions across more than 200 countries, has confirmed that its blockchain-based shared ledger is progressing into its first MVP iteration. After completing a design phase with a global group of banks, the network is now preparing fo...
Key Points:
Background:
Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.
Why It Matters:
This development contributes to the ongoing evolution of the cryptocurrency ecosystem and may influence market trends.