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SWIFT Is Getting Serious About Blockchain

March 29, 2026 On March 5, SWIFT quietly dropped a pretty big update: by the end of June, more than 25 major banks — including Bank of America, HSBC and Deutsche Bank — plan to launch a new cross-border payments system. The key part? They’re building a shared blockchain ledger straight into their existing infrastructure. The goal is to finally fix the old headache of slow, expensive and clunky international transfers. What they’re promising: Much faster payments, sometimes instant 24/7 settlement where possible Better transparency Proper support for tokenized assets For now, the focus is on the biggest corridors: US, UK, Germany, India and a few others. This isn’t “everything is going crypto overnight.” It’s a practical hybrid. SWIFT stays in control, but now has a modern tool under the hood. For regular people, sending money abroad… https://crypto-jazz.com/news/2026/03/29/swift-is-getting-serious-about-blockchain/

SWIFT Is Getting Serious About Blockchain

March 29, 2026

On March 5, SWIFT quietly dropped a pretty big update: by the end of June, more than 25 major banks — including Bank of America, HSBC and Deutsche Bank — plan to launch a new cross-border payments system.

The key part? They’re building a shared blockchain ledger straight into their existing infrastructure. The goal is to finally fix the old headache of slow, expensive and clunky international transfers.

What they’re promising:

Much faster payments, sometimes instant

24/7 settlement where possible

Better transparency

Proper support for tokenized assets

For now, the focus is on the biggest corridors: US, UK, Germany, India and a few others.

This isn’t “everything is going crypto overnight.” It’s a practical hybrid. SWIFT stays in control, but now has a modern tool under the hood.

For regular people, sending money abroad…

https://crypto-jazz.com/news/2026/03/29/swift-is-getting-serious-about-blockchain/