SWIFT’s choice to add a distributed blockchain ledger to their 50-year old financial system has caught the attention of the industry. With the ISO 20022 certification going on, DLT-designed blockchains like Ripple’s XRP Ledger, Hedera Hashgraph (HBAR) & Stellar Lumens (XLM) covers all the bases.
However, the future of finance might be a merge of multiple digital ecosystems – a truly interoperable money system that moves funds in an immediate manner.
To make this a reality, SWIFT just completed their interoperability pilot in collaboration with BNP Paribas, HSBC Bank, Intesa Sanpaolo & Societe Generale – FORGE.
SWIFT Delivers Bombshell News For Crypto
This is of particular importance to Ripple (XRP) holders, as Ripple’s network includes some of the big banking names that participated in this digital asset pilot. The ISO 20022-based interoperability allows the examination of multiple stablecoins, including EURCV, Circle’s USDC & Ripple’s RLUSD.
Read more: dailycoin.com
Source: CRYPTO WORLD NETWORK NEWS
