SWIFT outlines blockchain ledger integration with 30+ banks on December 19, 2025

On December 19, 2025, SWIFT detailed progress on integrating a blockchain-based ledger into its global payment network. The effort involves collaboration with more than 30 banks and aims to enable real-time, 24/7 cross-border payments with transaction validation and smart-contract features for tokenized assets. Thierry Chilosi cited prototype work with Consensys and consultations on settlement models.