Kazakhstan, Hong Kong join SWIFT’s CBDC interoperability beta test
The new beta test focuses on interlinking CBDCs to foster cross-border payments, while a second test with 30 banks tests trigger-based payments, foreign exchange models.
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SWIFT taps Citi, BNY Mellon, other top banks for blockchain interoperability pilot
SWIFT’s experiment reportedly proved that its infrastructure can allow financial institutions to seamlessly tap into tokenization across multiple blockchains.