On this note, read the SWIFT CIO's post. He's describing a coordination layer that's "compliant, synchronized, secure, and auditable."
He says, "A financial system where:
Liquidity moves freely, not trapped in domestic or network silos.
Finality is consistent, no matter the jurisdiction.
Compliance is embedded in the flow, not bolted on afterward.
Public and private infrastructure work seamlessly together with interoperability as the default, not the exception."
What do you think he could be talking about? Answer is the image.
Tokenization Is Only Half the Story — The Future Belongs to Orchestration.
Circle launches its own chain: Another EVM L1, using USDC as the native gas.
Stripe is launching an EVM L1 with no ETH/Ethereum.
DTCC's permissioned chain is an EVM Hyperledger Besu client.
JP Morgan's permissioned chain, Kinexys, is an EVM chain.
Looks like the network effect is the EVM; not Ethereum or ETH.
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