SWIFT plans to launch CBDC interconnection system within the next two years
Swift, the messaging system provider for cross-border bank settlements, has announced plans to launch a CBDC platform in the next two years. This platform will connect different national digital currencies to the current financial system. The organization recently completed a six-month test to evaluate the feasibility of this development, which involved the participation of 38 institutions including central banks and financial institutions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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