Franklin Templeton and Swift Transform Banking with 24/7 Onchain Solutions

Franklin Templeton and Swift are paving the way for a future where banking operates continuously and onchain. As the financial landscape evolves, tokenized funds and deposits are gradually becoming more prevalent, but several significant hurdles such as regulatory frameworks, necessary infrastructure, and security concerns continue to pose challenges.

The push towards a round-the-clock banking model highlights the potential for onchain solutions to revolutionize the financial sector. Both companies emphasize the need for a robust regulatory environment to facilitate this transformation while ensuring that security measures are sufficiently rigorous to protect users’ assets.