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Swift, Big Banks Are Building a Blockchain Network That Could Transform Global Money Transfers—And Leave Outdated Systems Behind
Yahoo Finance· 2025-10-07 00:31
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. The financial world’s circulatory system just got a major upgrade announcement. Swift, the Belgium-based network that powers trillions of dollars in daily cross-border transactions, announced on Sept. 29 it’s collaborating with over 30 major banks to build a blockchain-based infrastructure that could make international payments instantaneous and finally bridge traditional banking with the emerging world of ...