Seventeen major banks including Citi and HSBC are running blockchain payment pilots on SWIFT's network. SWIFT spent a decade dismissing blockchain settlement, but the speaker argues their system only moves tokenized bank deposits and doesn't solve the real problem: how different currencies actually talk to each other.
17 banks just agreed to run live payment pilots on a blockchain, and SWIFT built it. Citi, HSBC, BNP Paribas, Standard Chartered, Wells Fargo. This is the same network that spent 10 years calling blockchain settlement a solution looking for a problem. A lot of people are reading that as a threat to XRP. Look closer. What SWIFT built moves tokenized deposits, meaning claims issued by one specific bank. It does not solve what sits in the middle when two different currencies meet. Your position check. You can stop defending the premise. Check out the full video, link in bio.
