source avatarArchie 👑

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SWIFT JUST ADMITTED IT ISN'T RUNNING THE SHOW ALONE ANYMORE. 🚨 "The scheme and ledger are no longer simply Swift-led initiatives. They are increasingly becoming industry-wide market phenomena." That's Nick Kerigan, Swift's Head of Innovation. Read that again. The network that has run cross border banking since 1973 is now saying the future isn't theirs alone. From their own Sibos recap: 👇 -17 banks piloting LIVE cross border transactions with tokenised deposits on Swift's blockchain ledger -24/7 cross border payments -100+ banks signed to the Swift payments scheme -Bank of England: 🗣️ "a real year of movement on interoperability" Tokenised money. 24/7 settlement. Interoperability. The XRP army has been saying it for years. Now Swift is saying it on their own stage. The rails are being rebuilt in real time. 🔥 https://t.co/15tG2EuaN5

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