Swift is developing practical solutions to integrate fiat currencies with tokenized assets, enabling users to trade between traditional and emerging asset classes in real-time.
Objectives and Testing Directions
Swift plans to enable real-time trading between buyers of securities and tokenized assets. This initiative includes seamless Delivery-to-Payment (DvP) and Payment-to-Payment (PvP) payment solutions on its platform.
Multi-Ledger Settlement Methods
Swift's future plans include creating a multi-ledger system that connects tokenized asset payment solutions with fiat-based transaction payments. As the financial messaging network grows, it aims to incorporate digital assets such as CBDCs and stablecoins, further expanding its reach in the digital economy.
Successful Blockchain Experiments
The network also completed successful blockchain experiments with Chainlink, demonstrating Swift's potential to connect multiple blockchain networks. This provides financial institutions with a single point of access for tokenized assets, enabling faster and more secure transactions.
Swift is developing important technologies for the integration of fiat and tokenized assets, allowing users to conduct transactions quickly and securely, thus bringing us closer to a more connected digital economy.
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