Banks Move Toward 24/7 On-Chain Finance as Franklin Templeton and SWIFT Outline Blockchain Future
Top executives at Consensus Hong Kong 2026 outlined a future where banking operates 24/7 using blockchain technology. Franklin Templeton is focusing on tokenizing money market funds to enable round-the-clock trading and reduce administrative costs. SWIFT is developing a system to convert traditional bank balances into digital tokens to expedite settlements and eliminate cutoff times. While tokenized finance remains small compared to traditional markets, the industry is building early infrastructure. Key barriers like regulation and private key security need addressing for broader adoption. The future is expected to be hybrid, blending decentralized services with traditional intermediaries, as major financial institutions push for secure, continuous blockchain-based systems.
TheNewsCrypto02/11 16:02
