Scheme23 Aug 2026

Standard Chartered and HSBC settle the first live interbank transaction on Swift's blockchain ledger

The two banks have moved a cross-border tokenised deposit between their own separate platforms using Swift's blockchain-based ledger as the orchestration layer — the first live...

Standard Chartered and HSBC settle the first live interbank transaction on Swift's blockchain ledger

What changed

The two banks have moved a cross-border tokenised deposit between their own separate platforms using Swift's blockchain-based ledger as the orchestration layer — the first live interbank transaction on that ledger.

What merchants must do

None stated — verify against sources.