SWIFT Tests Stablecoin Payments on Ethereum – Why Best Wallet Token Could Be the Real Winner
The post SWIFT Tests Stablecoin Payments on Ethereum – Why Best Wallet Token Could Be the Real Winner appeared on BitcoinEthereumNews.com.
Crypto News 27 September 2025 | 22:23 Stablecoins used to be seen as the boring corner of crypto. They didn’t have the wild swings of meme coins or the promise of explosive gains that make headlines. But today, stablecoins are the ones banks and big tech are circling around. SWIFT, the global payment messaging giant that connects more than 11K institutions, is now testing payments using Ethereum’s Linea network. The test involves BNP Paribas, BNY Mellon, and a dozen other banks, with a stablecoin-like token at the center. It’s no longer just about sending messages between banks. It’s about moving real value on-chain. That could turn out to be the biggest shift since the invention of the credit card. Why Banks Care About Stablecoins The reason for all the sudden attention is simple: cost and speed. SWIFT wires can take days and cost up to $50. Stablecoins settle in seconds for pennies. Chainalysis data shows $USDT already clears over $1T per month, while $USDC peaked at $3T in activity last October. With a $230B market size, stablecoins are no longer a side project. They are becoming part of the financial system. Big tech is interested too, with Apple, Airbnb, Uber, and X all holding talks. Google Cloud has already integrated PayPal’s $PYUSD. SWIFT’s current trial uses Ethereum’s Linea network, chosen for its zk-rollup technology that keeps costs low while maintaining security and privacy. If SWIFT succeeds with its Ethereum experiment, it won’t just make cross-border wires cheaper. It could mark the start of a new chapter where stablecoins compete directly with legacy banking rails. What Best Wallet Token ($BEST) Brings to the Table Best Wallet Token ($BEST) is more than a utility token attached to a crypto app – it’s designed as the key that unlocks an entire ecosystem. Holders…
Filed under: News - @ September 27, 2025 7:25 pm