According to CoinMeta, Wu said that HSBC and Standard Chartered announced the completion of the first real inter-bank tokenized deposit cross-border transaction on the swift blockchain ledger. In this transaction, the two banks exchanged payment information through swift, and recorded the relevant liabilities in their respective tokenized deposit systems. The swift blockchain ledger was responsible for matching and netting processing, with the final settlement still being completed through existing banking infrastructure. This transaction represents an important practical advancement in swift's efforts to promote 24/7 cross-border payments and interoperability between bank deposits and tokens.