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SWIFT explores stablecoin and on-chain messaging solutions on Linea
Gate News bot message, SWIFT, the global financial messaging system, is advancing into blockchain technology by developing stablecoin and on-chain messaging solutions using Linea, Consensys' layer-2 scaling solution.
According to The Big Whale's report, SWIFT's initiative marks a significant step in bridging traditional finance with blockchain technology. The organization has completed testing its blockchain solution on Linea's testnet, demonstrating its capability to process stable token transactions and integrate messaging systems on the blockchain.
This development follows SWIFT's earlier collaborations in the blockchain space, showcasing the organization's continued efforts to adapt to evolving financial technologies.