SWIFT: Blockchain-based shared ledger enters MVP stage, with plans to launch real transactions this year

DeepFlowTech · 2026-03-30T15:39:46+00:00

SWIFT announces that its blockchain-based shared ledger project has entered the initial minimum viable product (MVP) development phase, with plans to launch in 2026. The aim is to achieve interoperability of tokenized deposits between banks, support 24/7 cross-border payments, and enhance payment speed and liquidity.

DeepFlowTech

2026-03-30 15:39:46

Abstract generation in progress

Deep Tide TechFlow message, on March 30, SWIFT (Society for Worldwide Interbank Financial Telecommunication) announced that its blockchain-based shared ledger project has made significant progress. It has completed the design phase with multiple banks worldwide, and has now officially entered the construction stage for the first minimum viable product (MVP) iteration, with plans to go live for real transactions within 2026.

The ledger is intended to enable interoperability of tokenized deposits between banks and to support 24/7 cross-border payments. From a functional standpoint, the ledger supports making payments using tokenized deposits, reuses existing compliance processes, and is compatible with multiple settlement methods.

SWIFT said the ledger’s core advantages include: speeding up payment execution, improving liquidity visibility, reducing reconciliation workload, and enabling interoperability across institutions. Currently, SWIFT is working in parallel with international banks to accelerate the financial industry’s transition to digital finance.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes