The latest developments in the financial industry have attracted widespread attention: the global leader in interbank communication, SWIFT, is entering into experimental cooperation with the Ethereum Layer-2 network, Linea. This move has generated significant reactions within the crypto world, as it may herald the deep integration of the TradFi system with Blockchain technology.

SWIFT, as the core system connecting tens of thousands of banks worldwide, has significant implications for its exploration of Blockchain technology. If this attempt is successful, it will mark the opening of doors to Blockchain in the traditional financial sector, potentially transforming the existing financial landscape.

For a long time, traditional finance and decentralized finance have been seen as irreconcilable opposites. However, SWIFT's move indicates that traditional financial institutions are actively adapting to and integrating into the emerging field of Blockchain. Meanwhile, Citibank's optimistic forecast for the stablecoin market—potentially reaching a scale of $4 trillion by 2030—seems to become more credible under SWIFT's latest developments. If global banks can use stablecoins for settlement through the SWIFT system, the surge in market size will be inevitable.

It is worth noting that SWIFT has chosen the Linea network based on ZK technology as its partner. This choice highlights the unique advantages of ZK-Rollup technology in handling large transactions and protecting privacy. The application of ZK technology can not only improve transaction efficiency but also achieve a high level of transparency while ensuring privacy, which is a feature valued by financial institutions.

This collaboration marks a critical step in the application of Blockchain technology in the mainstream financial sector. It not only has the potential to drive the widespread adoption of Crypto Assets and stablecoins but may also bring revolutionary changes to the global financial system. As TradFi giants deeply integrate with Blockchain technology, we might be witnessing the dawn of a new financial era.