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HSBC, Standard Chartered execute first live banking transaction on Swift’s 24/7 ledger

CoinDesk· Olivier Acuna· Aug 19, 2026 · 2:50 PM
HSBC, Standard Chartered execute first live banking transaction on Swift’s 24/7 ledger

The cross-border transaction is Swift’s first in a pilot project as it tests settlement in its push to remain relevant as stablecoins and tokenized deposits become widely used worldwide.

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