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On Thursday, SWIFT, the largest global payments network governed by financial institutions and G10 central banks, announced it would trial using its platform to settle digital assets, potentially advancing the integration of public and private blockchains with the global financial system.
This follows successful experiments with Chainlink and Ethereum's Sepolia network, where SWIFT explored how traditional financial institutions can utilize blockchains. The trials will test transfers of tokenized assets like FX and securities, and if successful, could mark a turning point for the use of public blockchains in major financial networks.
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