A7 International has launched a service allowing businesses to pay foreign invoices with USDT, with recipients receiving traditional SWIFT bank transfers.
The A7 settlement system is launching a service that enables cross-border payments via USDT with conversion to fiat through SWIFT, charging a fixed 0.3 percent fee.
Chainlink has unveiled a multi-chain system to automate dividend payments for tokenized equities, showcased at the latest Swift Hackathon.
IBM has introduced a beta link between its Digital Asset Haven platform and the Swift blockchain ledger, enabling banks to process tokenized deposits using standard financial messaging.
IBM has connected its Digital Asset Haven platform to the Swift shared ledger to enable seamless tokenized deposit transactions for institutional clients.
Fintech firm A7 allegedly laundered over $6.9 billion via global banks, bypassing sanctions through a network of front companies and forged invoices.
Swift 6.4 introduces a unified build system, improved cross-language interoperability, and enhanced memory management tools to streamline development across the entire stack.
Chainlink (LINK) surged to its highest price since January after partnering with Bottomline to connect over 600 banks to blockchain settlement.
Citi and DBS have completed the first weekend tokenized cross-border deposit between Singapore and the US using the Swift Digital Ledger.
DBS and Citi have completed the first cross-border USD payment on a weekend using Swift's blockchain-based ledger, reducing settlement time from two business days to minutes.
