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SWIFT Launches Blockchain Ledger for Instant Cross-Border Payments

9/29/2025

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Summary

Story summary

SWIFT unveiled a blockchain-based shared ledger for cross-border payments with 30+ banks and Consensys at Sibos.
The system aims for real-time, 24/7 settlement, cutting delays and costs.
It will exchange regulated tokenized assets and integrate with current banking systems.
Smart contracts will enforce transaction rules to ensure compliance and security.
Feedback from participating banks will guide development and implementation.

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Story summary

SWIFT unveiled a blockchain-based shared ledger for cross-border payments with 30+ banks and Consensys at Sibos.
The system aims for real-time, 24/7 settlement, cutting delays and costs.
It will exchange regulated tokenized assets and integrate with current banking systems.
Smart contracts will enforce transaction rules to ensure compliance and security.
Feedback from participating banks will guide development and implementation.