BNY Mellon and BNP Paribas have begun testing Ethereum L2 on-chain messaging with SWIFT.
2025-09-27 13:00
According to Odaily Planet Daily, the Society for Worldwide Interbank Financial Telecommunication (SWIFT) previously disclosed that it is using Ethereum's Layer 2 network Linea to test on-chain messaging capabilities. According to the latest news, BNP Paribas and Bank of New York Mellon (BNY) have begun participating in the test. The project currently involves "more than a dozen financial institutions." An unnamed source said that the entire testing work is expected to take several months to complete, but it will bring a significant technological transformation to the international interbank payment industry. (FinanceFeeds)
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