SWIFT Tokenized Deposits: Why Chainlink Matters Now
Chainlink is helping financial institutions connect their existing banking systems and key-signing infrastructure to Swift’s blockchain-based ledger, adding an interoperability layer to one of the most consequential tokenized-deposit initiatives in global banking. Swift has already identified 17 banks across six continents for its initial live transaction pilots, including Citi, HSBC, Standard Chartered, UBS, Wells Fargo, DBS, BNY, MUFG and UOB. The objective is to support 24/7 cross-border payments using tokenized commercial bank deposits without forcing participating institutions to abandon their own balance sheets, ledgers or settlement infrastructure
2026/09/30