Swift Moves in With 30+ Banks to Build 24/7 Blockchain Ledger for Global Payments

**Swift Partners With 30+ Global Banks to Launch Revolutionary 24/7 Blockchain Payment System**

Swift is revolutionizing global cryptocurrency and traditional payment infrastructure by collaborating with over 30 major banks across 16 countries to develop a groundbreaking blockchain-based ledger system. This ambitious initiative targets seamless, real-time cross-border transactions operating 24/7, marking a significant shift toward digital financial rails.

The blockchain integration represents a pivotal moment for institutional cryptocurrency adoption, as traditional banking giants embrace distributed ledger technology for secure, transparent payment processing. This development could dramatically impact Bitcoin and broader cryptocurrency markets by legitimizing blockchain technology within established financial systems.

Swift's blockchain push demonstrates growing institutional confidence in crypto infrastructure, potentially accelerating DeFi integration with traditional banking. The 16-nation banking coalition signals unprecedented global cooperation in cryptocurrency technology adoption, positioning blockchain as the future backbone of international payments.

This strategic move toward blockchain-based settlement systems could enhance transaction speed, reduce costs, and improve security for cross-border payments. The initiative represents a major validation of cryptocurrency technology's potential to transform traditional financial infrastructure, potentially boosting investor confidence across digital asset markets.