SWIFT’S LEDGER GIVES BANKS A NEW WAY TO MAKE CROSS-BORDER PAYMENTS
The goal is not to replace existing rails, but to give banks another option:
- The first live workflow allows banks to make cross-border payments using their own deposit tokens
- Banks can choose whether to use the new tokenized route or continue with existing payment methods
- Rather than replacing the network, the Ledger is designed to make SWIFT more valuable by adding another way for banks to transact