[Swift Blockchain Ledger Now Ready for Initial Use, 17 Global Banks to Pilot Tokenized Cross-Border Payments] Foresight News reports that Swift has announced its blockchain ledger is ready for initial use, with 17 banks from six continents set to pilot the system, utilizing tokenized deposits to enable 24/7 cross-border payments. Participating banks include ANZ, BNP Paribas, BNY Mellon, Citi, DBS Bank, HSBC, Standard Chartered, UBS, Wells Fargo, and others. Swift stated that the ledger was developed from concept to implementation in just nine months and provides a secure tokenized deposit orchestration layer for participating banks. This allows for real-time or off-hours fund transfers before final settlement in existing settlement systems, enhancing customer experience and global liquidity efficiency while maintaining existing compliance, credit, and risk control standards. In the future, the ledger will expand its functionality to support infrastructure for innovations such as programmable money and agency business.