SWIFT: Deploys Hyperledger Besu for Private Fiat

SWIFT rolls out its shared ledger on Hyperledger Besu, a permissioned EVM system closed to the public. Banks settle tokenized commercial deposits 24/7 inside their controlled network, with no native token and zero exposure to BTC, ETH or other tradable crypto. The setup delivers faster TradFi rails while preserving full institutional control, a direct contrast to decentralized public chains. Retail narratives tying this move to broader crypto adoption ignore the walled-garden design.