Citi and Swift Complete Landmark Fiat-to-Digital Currency Payment Trial

2025-11-21 09:18:11

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Story Highlights* Citi and Swift complete a landmark trial enabling Payment-versus-Payment (PvP) settlement between fiat and digital currencies.

The trial used Swift’s existing infrastructure, enhanced with blockchain connectors, orchestration tools, and smart contracts.
Citi used test USDC on Ethereum’s Sepolia network to simulate real-world conditions.

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