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SWIFT Moves Blockchain Shared Ledger to Live MVP for 24/7 Cross-Border Tokenized Payments
SWIFT's blockchain-based shared ledger has completed its design phase and entered live MVP, built on EVM-compatible Hyperledger Besu with open-source foundations. A global cohort of banks will begin real-world transactions using tokenized deposits, enabling 24/7 cross-border settlement without traditional banking hours. This is SWIFT's most significant infrastructure shift in decades — eliminating batch processing for real-time interbank payments.
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