![Swift to beta test CBDC interlinking solution with central banks](https://crypto.news/app/uploads/2023/08/crypto-news-credit-card-front-side-view-brigh-neon-light-blurry-city-background-cyberpunk-style-880x525.jpg)
Swift News
Latest Swift News
![Swift, UBS, and Chainlink pilot blockchain tokenized fundÂ](https://crypto.news/app/uploads/2024/05/crypto-news-Could-tokenized-RWAs-help-cover-your-next-vacation-option03-880x525.webp)
News
In collaboration with UBS Asset Management and Chainlink, Swift has concluded a pilot program aimed at simplifying tokenized fund transactions using its existing financial network. This initiative, launched under Singapore’s Project Guardian, explored how blockchain technology could integrate digital assets…
![Chainlink](https://coin-images.coingecko.com/coins/images/877/large/chainlink-new-logo.png?1696502009)
![BIS and big banks introduce Project Mandala for improved cross-border transactionsÂ](https://crypto.news/app/uploads/2024/09/crypto-news-bank-blockchain-option01-880x523.webp)
News
The Bank for International Settlements and central banks from Australia, South Korea, Malaysia, and Singapore have introduced Project Mandala, a system that embeds regulatory compliance directly into cross-border financial transactions. This initiative addresses common hurdles in international transactions, such as…
![SWIFT to trial tokenized asset transactions in 2025](https://crypto.news/app/uploads/2022/09/SWIFT_innovates_to_remove_friction_in_corporate_actions-880x525.jpg)
News
SWIFT will trial live transactions of tokenized assets and digital currencies in 2025, aiming to integrate blockchain-based tokens into the broader financial system. Global financial messaging network SWIFT will trial live transactions of tokenized assets and digital currencies in 2025,…
![Japanese banks to test cross-border stablecoin transfers via SWIFT](https://crypto.news/app/uploads/2024/05/crypto-news-Japan-Blockchain-Week-2024-option02-880x525.webp)
News
Japanese financial giants MUFG Bank, Mizuho Financial Group, and SMBC are set to test cross-border stablecoin transfers, leveraging SWIFT’s API. Three of Japan‘s largest financial institutions — Mitsubishi UFJ Financial Group, Mizuho Financial Group, and Sumitomo Mitsui Financial Group —…
![SWIFT-like bridge for stablecoins UDPN adds support for Australian Digital Dollar](https://crypto.news/app/uploads/2023/10/crypto-news-USDC-stablecoin04-880x525.webp)
News
The Universal Digital Payments Network has announced the integration of the Australian Digital Dollar into its platform, expanding its support for regulated stablecoins. Launched in Davos as a bridge between centralized and decentralized digital currency systems, the Universal Digital Payments…
![USDC](https://coin-images.coingecko.com/coins/images/6319/large/usdc.png?1696506694)
![SWIFT to connect multiple CBDCs in one platform by 2026](https://crypto.news/app/uploads/2024/03/crypto-news-Central-Bank-Digital-Currency-option02-880x525.webp)
News
SWIFT aims to launch a new platform in the next two years to connect central bank digital currencies to the existing finance system in a bid to boost the CBDC ecosystem. Global financial messaging network SWIFT is planning to launch…
![Analyst says XRP may see huge boost in coming days](https://crypto.news/app/uploads/2023/11/crypto-news-Ripple-XRP02-880x525.webp)
News
After winning its lawsuit, the Bearable Bull thinks Ripple and XRP are primed for mainstream adoption starting November 19.
![Swift to beta test CBDC interlinking solution with central banks](https://crypto.news/app/uploads/2023/08/crypto-news-credit-card-front-side-view-brigh-neon-light-blurry-city-background-cyberpunk-style-880x525.jpg)
News
Swift says it will test CBDC interoperability alongside three central banks to explore further use cases. Interbank messaging company Swift has entered the second phase of its sandbox experiments with a central bank digital currency (CBDC) as “interest in interoperability…
![Swift concludes trial on blockchain interoperability and asset transfer](https://crypto.news/app/uploads/2023/08/crypto-news-smart-contracts-crypto-and-blockchain-background-brig-v5.2-880x525.png)
News
Swift has shared key findings from its recent experiments on blockchain compatibility
![Six Clovers rolls out Versal Network for cross-border payments](https://crypto.news/app/uploads/2023/06/Struct-Finance-Launches-Customizable-Interest-Rate-Products03-880x525.jpg)
News
Fintech firm Six Clovers has introduced the Versal Network, a platform built on the Sui blockchain, to enhance the speed, security, and cost-effectiveness of cross-border payments.
![SWIFT and Chainlink collaborate for banking blockchain integration](https://crypto.news/app/uploads/2023/05/crypto-news-neural-networks-New-York-background-general-view-bright-tones-sixties-retro-futuristic-illustration-880x525.jpg)
News
SWIFT, the global financial messaging service, is partnering with major banks and Chainlink, a web3 infrastructure provider, to test the integration of public and private blockchains for global banking.
![DCMA launches crypto-based CBDC called unicoinÂ](https://crypto.news/app/uploads/2023/03/Blockfence-and-Forta-Network2-880x525.jpg)
News
The Digital Currency Monetary Authority (DCMA) has announced the launch of its Universal Monetary Unit (UMU) dubbed Unicoin.
![Xapo Bank enables USD Coin (USDC) deposits and withdrawalsÂ](https://crypto.news/app/uploads/2023/02/crypto-news-people-shaking-hands-office-background-dark-tones-sixties-retro-futuristic-ill-880x525.jpg)
News
Xapo Bank has announced that its members can now directly deposit and withdraw their USDC stablecoins on its regulated banking platform.
![Swift’s phase two CBDC pilot program takes flight](https://crypto.news/app/uploads/2023/02/crypto-news-neural-networks-city-background-general-view-bright-neon-color-cyberpunk-880x525.jpg)
News
Swift's phase two CBDC pilot program is set to revolutionize cross-border payments by exploring the potential benefits and challenges of integrating digital currencies with Swift's platform.
![SWIFT Completes Blockchain-Based Tokenization Pilot With SETL & Others](https://crypto.news/app/uploads/2022/09/SWIFT_innovates_to_remove_friction_in_corporate_actions-880x525.jpg)
News
SWIFT has announced the successful completion of the digital asset tokenization pilot it began late last year in collaboration with SETL, Northern Trust, and ClearStream. The project aims to foster interoperability in the asset tokenization ecosystem, according to a press…
![SWIFT Partners up With Symbiont to Pilot Corporate Data Blockchain Project](https://crypto.news/app/uploads/2022/09/SWIFT_innovates_to_remove_friction_in_corporate_actions-880x525.jpg)
News
SWIFT, the global messaging system used by financial institutions, announced a collaboration with Symbiont to deliver more accurate data to financial companies via blockchain technology.