Chainlink assists financial institutions in accessing Swift blockchain ledger, supporting 24/7 tokenized payments
Chainlink helps financial institutions integrate their systems and key signing infrastructure into the Swift blockchain ledger through a runtime environment (CRE). Banks retain control over transaction authorization keys and adopt a 24/7 tokenized payment workflow while maintaining existing security governance and approval processes. The Swift ledger is based on tokenized deposits to coordinate interbank fund transfers between participating institutions, covering overnight and weekend periods. The final settlement is completed through existing mechanisms such as the Real Time Gross Settlement System (RTGS). Swift Ledger announced at Sibos 2025 that it has connected over 11500 financial institutions in over 200 markets worldwide.