Taurus has access to Swift block syllables to support bank payment of monetized deposits

Taurus SA announced that its monetization and hosting platform had completed the integration with the Swift block syllable, and that customers could use bank-issued token deposits for payment transactions. The first customer integration is expected to be online in days and the first transaction based on DLT is expected to be completed in weeks. The Swift block book, which serves as a cross-border payment coordination layer, supports all-weather transfers of currency deposits from participating banks and completes liquidation at the settlement stage through financial infrastructure such as RTGS. Standard Chartered and HSBC completed the first real-time cross-border transaction supported by the book。