SWIFT blockchain ledger ready for initial use; 17 banks preparing to pilot

SWIFT/SWIFT Blockchain Shared Ledger

SWIFT said its blockchain-based shared ledger is ready for initial use as of July 9, 2026. Seventeen banks are preparing to pilot live transactions, which had not yet begun in the reporting. The ledger is an orchestration layer for tokenized deposits that banks issue on their own ledgers, and settlement still runs through existing systems.

• Status: ready for initial use; banks are preparing to pilot live transactions.
• Named banks in the reports include ANZ, BNP Paribas, BNY, Citi, DBS, First Abu Dhabi Bank, FirstRand, HSBC and Itaú Unibanco.
• Settlement still runs through existing systems; the ledger only orchestrates tokenized deposits.