SWIFT Completes Tokenized Bond Trading Test with Societe Generale, Utilizes Stablecoins

On the 15th, the international interbank payment network SWIFT announced the completion of a trial in collaboration with Societe Generale's cryptocurrency and stablecoin division, SG-FORGE, focusing on the interoperability of digital assets. The trial enabled smooth trading and settlement of tokenized bonds, handling settlements in both fiat currencies and digital assets. This marks the first instance where SWIFT has demonstrated the capability to operate tokenized asset transactions as a single integrated process across both blockchain platforms and traditional systems. The trial included payment agents, custodians...