Swift tailors its operations for digital assets
Network says DvP and PvP capability will let securities buyers pay for and exchange tokens simultaneously
Swift is planning to expand its network’s capability by enabling multi-ledger delivery-versus-payment (DvP) and payment-versus-payment (PvP) solutions for digital assets and currencies.
In an announcement on September 11, the co-operative said it could enable securities buyers to simultaneously pay for and exchange tokenised assets in real time on the network.
DvP is a settlement method whereby securities are transferred after payment has been initiated. PvP is mainly used in foreign currency
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