Flash News

HSBC and Scum completes the first cross-border exchange of currency deposits

wu said it had been informed that hsbc and slags had announced the completion of the first real inter-bank cross-border transactions of monetized deposits on the swift block ledger. in the transactions, two banks exchanged payment information through swift and recorded the respective obligations in their respective monetization deposit systems, and the books on the swift chain were set up and processed net, with the final settlement still being completed through the existing banking infrastructure. the transaction is an important measurement of the progress made by swift in interoperability between 24/7 cross-border payments and bank deposits。

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