Datachain and Progmat Secure Patent for Swift-Linked Stablecoin Transfer System

Datachain and Progmat Secure Patent for Swift-Linked Stablecoin Transfer System

Datachain Inc. and Progmat Inc. announced on the first of the month that they have secured a patent for a stablecoin transfer system integrated with the Society for Worldwide Interbank Financial Telecommunication (Swift) system.

This patent utilizes the API framework of Swift's international money transfer network, allowing banks to send transfer instructions via Swift...