SWIFT 2026: HSBC, SC Complete First Blockchain Payment

SWIFT has successfully transitioned its blockchain pilot from a test phase to live settlement. HSBC and Standard Chartered have completed the first live cross-border payments that were made possible through SWIFT infrastructure for settling the tokenisation of deposits in real-time. SWIFT Enables Tokenisation In that case, the tokenised deposits held on a permissioned ledger between HSBC and…