Cosmos Connects Banks to Swift Ledger for 24/7 Cross-Border Payments
Cosmos has introduced a connectivity solution enabling banks and financial institutions to link their core systems with EVM-compatible and Hyperledger Besu digital ledgers, including Swift's blockchain-based shared ledger. The initiative aims to facilitate 24/7 cross-border payments, even outside traditional banking hours. Through the Cosmos Tokenization Suite, entities can manage tokenized deposits and integrate with platforms such as Fiserv, FIS, Jack Henry, Temenos, Hogan, Canton, Partior, Ethereum, and Solana.
Summaries are written by AI from the original article. Not investment advice.