Swift Runs First Live 24/7 Tokenized-Deposit Transaction

N3XT said on 18 August it expanded the N3XT Digital Dollar, an institutional USD deposit token, to support 24/7 instant on-chain settlement for global B2B payments, according to a company press release. The switch is live on N3XT’s token infrastructure today, putting product in market while Swift-led bank pilots are still being lined up.

N3XT’s 24/7 USD deposit token for institutional B2B settlement

The update turns on around-the-clock, on-chain settlement for institutional B2B flows using N3XT’s USD deposit token. N3XT positions the N3XT Digital Dollar as “institutional-grade,” and characterises the move as the “first-ever USD deposit tokens that move beyond bank walls” — language from its press release, not an independently verified first. The promise is straightforward: instant settlement, any day, on-chain, for business payments.

Swift’s shared ledger: ‘ready for initial use’ with 17 banks preparing pilots

On 9 July, Swift said its blockchain-based shared ledger is “ready for initial use,” with 17 banks across six continents preparing controlled pilots to move tokenized (bank‑issued) deposits using its ledger orchestration layer, per a Swift press release. The aim includes around-the-clock movements. But as of independent briefings the next day, no named, end‑to‑end live transaction had been disclosed (no names, no timestamps).

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