How SWIFT Plans to Maintain Its Dominance in the Face of Upcoming CBDCs

SWIFT, or the Society for Worldwide Interbank Financial Telecommunication, is a global messaging network used by banks and other financial institutions to securely transmit information and instructions through a standardized system of codes. Established in 1973 and headquartered in Belgium, it facilitates the vast majority of international wire transfers, making it a cornerstone of the […] source: https://www.cryptoglobe.com/latest/2024/03/how-swift-plans-to-maintain-its-dominance-in-the-face-of-upcoming-cbdcs/