CoinOtag
2025-11-21 11:39:21

Citi and Swift Trial Explores Synchronized USDC-Fiat Settlements via Blockchain

Citi and Swift have successfully trialed a Payment-versus-Payment (PvP) workflow that synchronizes settlement between fiat currencies and stablecoins, bridging traditional banking rails with blockchain networks for more efficient cross-border transactions. Citi and Swift tested a Payment-versus-Payment workflow synchronizing fiat and digital token settlements. The trial integrated Swift’s network with blockchain tools like escrow and orchestrators [...]

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