Exchanges· ★★★· bullish·

BNP Paribas Taps SWIFT Ledger and Ripple-Owned Metaco at Sibos 2026

  • —BNP Paribas has completed live transactions on the SWIFT ledger, including a corporate treasury payment for Siemens with HSBC
  • —The SWIFT ledger acts as an orchestration layer for tokenised deposits, with final settlement in existing systems
  • —Metaco Harmonize is used by BNP Paribas Securities Services for institutional digital asset operations
  • —At least 19 institutions are expected to use the SWIFT ledger across multiple currencies by end-2026
Why it matters: The overlap between SWIFT's bank rails and Ripple-owned Metaco deepens the intersection of traditional finance and crypto-native settlement infrastructure.
#XRP
Source: DailyCoin
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