SWIFT Plans to Launch CBDC Interconnection System in Next Two Years

SWIFT Plans to Launch CBDC Interconnection System in Next Two Years


SWIFT, the network that provides the messaging system for cross-border banking settlements, has announced plans to launch a CBDC equivalent of its current network in the next two years. The organization recently completed a 6-month test to assess the viability of such a development, which included the participation of 38 institutions, including central banks and […]

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