Silent Revolution: When SWIFT Embraced The Blockchain

Silent Revolution: When SWIFT Embraced The Blockchain

By Forbes
SWIFT announced its aim to add a blockchain-based ledger to its technology infrastructure on 29th September 2025.

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SWIFT's groundbreaking announcement on September 29th, 2025, marks a pivotal moment for the global financial system as the banking giant embraces blockchain technology. This strategic move to integrate a blockchain-based ledger into SWIFT's existing infrastructure represents a silent revolution that could reshape international payments and cryptocurrency adoption worldwide.

The decision signals SWIFT's recognition of blockchain's transformative potential, bridging traditional banking with the rapidly evolving cryptocurrency ecosystem. This integration could accelerate institutional adoption of Bitcoin, Ethereum, and other digital assets while enhancing cross-border payment efficiency. The announcement has generated significant buzz across DeFi communities and traditional financial markets alike.

SWIFT's blockchain adoption could reduce transaction costs, improve settlement times, and increase transparency in global payments. This development positions the organization to compete more effectively with blockchain-based payment solutions and cryptocurrency networks that have gained traction in recent years. The move represents a major validation of blockchain technology's maturity and its potential to revolutionize traditional financial infrastructure, potentially impacting cryptocurrency valuations and market sentiment positively.

Article Details

Market Sentiment
neutral
Category
bitcoin
Reading Time
1 min read
Article Type
Article
Topics & Keywords
#Technology

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Source: Forbes

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