Swift to conduct live digital asset transaction trials from 2025
Network’s head of innovation says functionality will meet increasing demand for digital transactions
Swift announced today (October 3) that it will trial live transactions of tokenised deposits, central bank digital currencies (CBDCs) and regulated digital assets from 2025.
Nick Kerigan, the network’s managing director and head of innovation, tells Central Banking: “We’ll be able to co-ordinate those types of transactions in live trials and show those transactions being able to be run over the Swift network successfully.”
Swift has said the first trials will aim to show the viability of using the
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