SWIFT Picks Ethereum Layer-2 Chain Linea For Stablecoin Test

SWIFT has selected Linea, the Ethereum (CRYPTO: ETH) Layer-2 blockchain developed by Consensys, to pilot blockchain messaging and stablecoin payments, according to a report on Friday. Former Big Whale journalist Grégory Raymond cited sources familiar with the matter saying the interbank messaging network, which connects more than 11,000 institutions worldwide, is experimenting with moving its payment instructions on-chain.