Swift expands trials with over 30 banks, achieving key blockchain interoperability milestones for tokenized assets across multiple payment and settlement systems.
Swift, Chainlink, and UBS Asset Management, alongside BNP Paribas, Intesa Sanpaolo, and Société Générale, completed a major interoperability trial connecting traditional payment networks with blockchain platforms. The latest tests achieved ISO 20022 interoperability, fiat and digital currency settlement with Citi, and digital-asset exchanges with Northern Trust and the Reserve Bank of Australia. Swift is now collaborating with more than 30 banks to integrate blockchain ledgers for real-time cross-border payments.