Chainlink Connects Banks With Swift Blockchain Ledger

Chainlink is working on an integration that will connect banks and other financial institutions within the Swift global community to interact directly with Swift's blockchain ledger using Chainlink's platform.

The initiative aims to create a layer of infrastructure that supports blockchain-based financial activity while allowing participating institutions to operate within the established Swift ecosystem.

The work focuses on enabling banks and other financial institutions to read from and write to Swift's blockchain ledger, supporting tokenized deposits and continuous cross-border payments.