SWIFT, the largest financial messaging network, has announced plans to pilot large-scale digital asset testing in 2025. This move is seen as a milestone in blockchain adoption and real-time settlement of financial transactions. SWIFT aims to integrate Hedera (HBAR) for this initiative. The company's director of industry engagement highlighted the goal of cutting costs and streamlining processes for financial institutions. Talks with blockchain companies have been ongoing, and SWIFT has previously conducted pilot schemes to test blockchain-based financial infrastructure. The live tests in 2025 could pave the way for easy integration of blockchain technology into the global financial system. The price of HBAR is currently at a critical point, with the possibility of an upward expansion or further losses depending on price action. The filing of Hedera ETF on Nasdaq has also increased the chances of an HBAR price rally.
Content Editor ( crypto-news-flash.com )
- 2025-02-26
HederaCon Reveals SWIFT’s Digital Asset Plans—Major Win for HBAR & Crypto
