The SWIFT system is exploring integration solutions with stablecoins. Although the platform design follows universal interoperability standards and is not tied to a specific stablecoin, actual experiments have used USDC as a settlement tool for testing and validation.

What does this mean? Banks can leverage the existing SWIFT network to directly handle cross-border transactions with stablecoins like USDC, seamlessly connecting the entire process to traditional clearing and settlement systems. In other words, financial institutions do not need to overhaul their existing infrastructure to incorporate stablecoin services—this is a significant breakthrough for the migration of traditional finance to on-chain assets.