SWIFT is set to embark on the development of an innovative blockchain-based ledger system designed to facilitate seamless cross-border payments that can be processed 24 hours a day, seven days a week. This new initiative aims to enhance the efficiency and accessibility of international financial transactions, allowing individuals and businesses to send and receive funds across borders with greater speed and reliability than ever before. By leveraging the advantages of blockchain technology, SWIFT seeks to modernize the global payment landscape and meet the increasing demand for around-the-clock financial services.
source: https://www.coindesk.com/business/2025/09/29/swift-to-develop-blockchain-based-ledger-for-24-7-cross-border-payments