# "Mass institutional adoption" brought to you buy Swift & USA Banking Cartel

Source: https://www.forbes.com/sites/digital-assets/2024/05/11/visa-mastercard-jpmorgan-and-citi-reveal-game-changing-crypto-plan-for-mass-institutional-adoption-after-bitcoin-ethereum-and-xrp-price-pump
Kiwi News: https://news.kiwistand.com/stories/Mass-institutional-adoption-brought-to-you-buy-Swift-and-USA-Banking-Cartel?index=0x6643987b8d59ebb79e17202cd787d680df118d3f58990a13579deb2ba5b97ff8a210937f
Submitted by aurelia.eth on 2024-05-14 UTC, 1 upvote, 1 comment

## Comments

**aurelia.eth**: "JPMorgan, Citi, U.S. Bank, and Wells Fargo are among the banks that will test the common settlement of tokenized assets on shared-ledger technology called the regulated settlement network with payment giants Visa and Mastercard as well as global financial messaging service Swift."

"allows a shared database to be maintained without a relying on a trusted third party."