SWIFT has announced plans to launch a blockchain-based cross-border payment scheme in 2026, aiming to provide fast, predictable, and transparent payments for consumers and SMEs. The initiative involves over 40 global banks and will establish clear fees, foreign exchange rates, and end-to-end traceability. An initial MVP is scheduled for the first half of 2026. The new SWIFT Payment Scheme will set enforceable rules for cross-border transactions, ensuring full-value delivery to recipients. The system leverages SWIFT's existing network, integrating upgraded platforms to support near-instant payments. Collaboration with global banks aims to scale the system across various countries and payment types, offering consumers and SMEs clear visibility on fees and delivery timelines. SWIFT has conducted blockchain trials with stablecoins and tokenized deposits, demonstrating interoperability with traditional banking systems. A blockchain-based shared ledger is being developed with over 30 banks to enable 24/7 real-time cross-border payments. Chainlink supports interoperability, connecting private and public blockchains while maintaining ISO 20022 messaging standards.
SWIFT to Launch Blockchain-Based Cross-Border Payment Scheme in 2026
This content is for informational purposes only and does not constitute investment advice.
SuperEx Popular Science Articles Column
This collection features informative articles about SuperEx, aiming to simplify complex cryptocurrency concepts for a wider audience. It covers the basics of trading, blockchain technology, and the features of the SuperEx platform. Through easy-to-understand content, it helps users navigate the world of digital assets with confidence and clarity.
Unstaked related news and market dynamics research
Unstaked (UNSD) is a blockchain platform integrating AI agents for automated community engagement and social media interactions. Its native token supports governance, staking, and ecosystem features. This special feature explores Unstaked’s market updates, token dynamics, and platform development.
XRP News and Research
This series focuses on XRP, covering the latest news, market dynamics, and in-depth research. Featured analysis includes price trends, regulatory developments, and ecosystem growth, providing a clear overview of XRP's position and potential in the cryptocurrency market.
How do beginners trade options?How does option trading work?
This special feature introduces the fundamentals of options trading for beginners, explaining how options work, their main types, and the mechanics behind trading them. It also explores key strategies, potential risks, and practical tips, helping readers build a clear foundation to approach the options market with confidence.
What are the risks of investing in cryptocurrency?
This special feature covers the risks of investing in cryptocurrency, explaining common challenges such as market volatility, security vulnerabilities, regulatory uncertainties, and potential scams. It also provides analysis of risk management strategies and mitigation techniques, helping readers gain a clear understanding of how to navigate the crypto market safely.