StanChart, HSBC execute first live transaction on Swift blockchain ledger

Read original at CoinTelegraph·

StanChart, HSBC execute first live transaction on Swift blockchain ledger

60-second summary

The transaction connected the banks’ separate tokenized deposit systems through Swift’s ledger, marking a step toward interoperable, 24/7 cross-border payments.

The transaction connected the banks’ separate tokenized deposit systems through Swift’s ledger, marking a step toward interoperable, 24/7 cross-border payments.