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Cryptopolitan
2023-03-09 19:54:19

SWIFT’s CBDC pilot test shows promising results for cross-border payment

SWIFT’s CBDC pilot test shows promising results for cross-border payment

On March 9, SWIFT, the global interbank messaging platform, released a statement announcing positive outcomes from their pilot test connecting various Central Bank Digital Currencies (CBDCs). The encouraging results suggest increased collaboration between central banks and financial institutions. During a 12-week testing period, SWIFT simulated nearly 5,000 transaction scenarios between blockchain networks and existing fiat … SWIFT’s CBDC pilot test shows promising results for cross-border payment Read More »

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