SWIFT Tests CBDC Interoperability To Enable Cross-border Payments

SWIFT Tests CBDC Interoperability To Enable Cross-border Payments


Bitcoinist
2022-05-23 08:00:27

The well-known global financial messaging service, SWIFT, is set to test the Central Bank of Digital Currency (CBDC) by interlinking several CBDC networks in order to execute cross-border payments. Besides currently linking financial institutions worldwide to communicate and execute financial payments, the Belgium-based network has approached consulting firm Capgemini and French information technology services to […]