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Citibank and Swift completed a pilot for fiat and Digital Money PvP Settlement process.
GateNewsBot
ETH0,69%
ChainCatcher news, Citibank and Swift announced that they have completed a pilot for Payment-versus-Payment (PvP) settlement processes between fiat and digital money, validating the feasibility of interoperability between the traditional financial system and the Distributed Ledger network. This pilot is based on existing Swift infrastructure and is implemented through seamless integration of institutional-grade Block connectors, business process coordinators, and smart contracts. Additionally, during the pilot, Citibank used a test version of USDC on the Ethereum Sepolia Testnet to simulate a near-production environment.
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GateUser-97e6473f
· 2025-11-21 13:01
ciic
GateUser-97e6473f
· 2025-11-21 13:01
¡A tope! 🚀