March 29, 2024

Markets news | SWIFT will test payments in digital currencies

SWIFT is preparing for cross-border transfers of digital currencies issued by central banksaround the world - says a joint report by SWIFT and Accenture on digital currencies of central banks.

We have started experiments with CBDC (central bankdigital currencies. - RBC), aimed at ensuring cross-border payments for our members between digital currencies of central banks and traditional payment systems

It is noted that the emergence of digital currencies of central banks is gaining momentum and more than half of the world’s regulators are already actively considering the possibility of introducing a new instrument.

When working out a solution, SWIFT adheres to a neutral position and does not give preference to any currencies in particular.
Markets news | SWIFT will test payments in digital currencies

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