Interbank Payments

Definition ∞ Interbank payments are financial transactions conducted between different banking institutions. These transactions facilitate the movement of funds across the traditional financial system, enabling settlement between banks for their clients’ transactions. Understanding interbank payment systems provides context for how fiat currencies are managed globally.
Context ∞ The current discussion around interbank payments frequently involves the exploration of how blockchain technology and stablecoins could potentially disrupt or enhance existing infrastructure. Debates often center on speed, cost, and cross-border efficiency compared to traditional methods like SWIFT. Future developments are likely to involve greater integration of digital ledger technology into wholesale payment systems.

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→EVM Compatible

→Digital Dollar Asset

→Bank-Backed Assets

J.P. Morgan Issues Tokenized Deposit on Public Base Blockchain

Deploying JPMD on a public Layer 2 network provides institutional clients with bank-backed, 24/7, T+0 settlement rails, enhancing capital efficiency.

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→Interbank Settlement

→Tokenized Assets Foundation

→Operational Efficiency

Swiss Banks Achieve Near-Real-Time Fiat Settlement Using Google Cloud DLT

This DLT integration with core banking systems enables compliant, 24/7 near-instant settlement, dramatically reducing counterparty and liquidity risk.

Vibrant blue liquid cascades over a sophisticated, metallic, modular architecture, forming effervescent bubbles where it meets the structured surface. This visual metaphor illustrates the dynamic liquidity injection into a decentralized protocol, facilitating seamless smart contract execution. The interconnected components symbolize a robust blockchain architecture, efficiently processing on-chain data flow and maintaining network integrity. The controlled, yet fluid, interaction suggests optimized transaction throughput within a secure distributed ledger technology environment.

→Capital Markets

→Interbank Payments

→Delivery versus Payment

Major Banks Fund Fnality DLT Platform to Scale Wholesale Settlement Infrastructure

The $135 million capital injection accelerates the deployment of a central bank-backed DLT system, achieving atomic settlement and optimizing global liquidity management.