SWIFT has announced a new initiative aimed at transforming global transactions involving tokenized assets. This system will enable real-time asset exchange and payment by integrating blockchains, central bank digital currencies (CBDCs), and fiat currencies.
The primary goal of this modernization is to address the issue of “digital islands,” where various platforms and technologies remain isolated, complicating work with tokenized assets and digital currencies. SWIFT aims to create a unified payment infrastructure that facilitates seamless operations for banks and institutional clients worldwide.
In the future, the integration of CBDCs and stable tokens is planned, which will greatly simplify the management of digital assets in the global economy.
SWIFT’s strategy is to ensure interconnectedness across financial systems and accelerate the growth of the tokenized asset market, which is projected to reach $30 trillion by 2034.
