SWIFT Plans Stablecoin and On-Chain Messaging Pilot on Linea, Challenging Ripple

The world’s largest interbank messaging network SWIFT has selected Ethereum layer 2 platform Linea to test blockchain-based transactions. It is also planning to launch a stablecoin, signaling a direct challenge to Ripple’s cross-border payment model. SWIFT’s Linea Blockchain Pilot Competes With Ripple Payments. The trial involves some of the world’s top banks (BNP Paribas, BNY

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