According to CoinMeta, the Swift blockchain project aims to facilitate the circulation of fiat currencies and tokens through a global platform. Javier Perez-Tasso, the CEO, outlined this goal at the SIBOS conference in Miami in 2026 and proposed plans to simplify international transfers. The platform will enable the transfer of regulated value across more than 200 countries and markets through 40,000 payment channels. Perez-Tasso stated that traditional finance and decentralized finance will jointly form this shared direction. Swift will also allow customers to use mobile phone numbers and email addresses for international remittances, and tokenized deposits that support 24/7 payments will be recorded on the balance sheets of participating banks. This shared ledger coordinates interbank transactions but does not replace the ultimate settlement systems; all payments are still settled through traditional methods. The project has progressed from concept to activation within nine months, and currently, 17 pilot institutions are conducting tokenized deposit transactions.