by Jake ClaverSwift gpi, R3 Corda PoC, and historical Corda Settler/XRP: stablecoins doing real settlement work
Swift announced a gpi Link proof of concept using R3's Corda to bring gpi payment initiation, tracking, payer authentication, and credit confirmation to DLT-enabled trade. It shows stablecoins being put to work as settlement money, not treated as abstract crypto.
The Settlement Layer
This material is about fiat-denominated value moving through the ecosystem, usually via issuance or settlement. The primary source is the Swift gpi Link/R3 PoC announcement, with supporting material from the Azerbaijan Banks Association Swift gpi PDF and the Asset Servicing Times Corda Settler/XRP coverage.
What This Means For Market Infrastructure
What it changes for the broader institutional payments and tokenization stack: stablecoin activity can improve how useful a network is for payments and treasury operations.
One caveat for honest use: Promote Swift/R3/Corda gpi PoC only; do not claim Swift used XRP for production settlement.
From The Source
