Browsing Tag
Swift
20 posts
BRICS: 2 Countries Ready to Ditch SWIFT and Launch New Payment System
BRICS members Russia and Iran want to abandon the Western-dominated payment messaging system SWIFT. The two countries aim…
Visa and PayPal Boost Stablecoin Adoption as Chainlink, Swift Hit Milestones
Major financial giants back stablecoin adoption. Visa and PayPal leaders voiced strong support at DC Fintech Week, stressing…
How High Will XRP Reach If Ripple Replaces The SWIFT System?
Ripple’s relentless efforts to stay on top of the crypto radar have been successful. In its pursuit of…
SWIFT’s Bold Step: Global Digital Asset Trials Begin
SWIFT digital asset transactions are set to transform finance as global trials start in 2025. The SWIFT network…
BRICS: Chinese Yuan Beats Euro To Become the Second Most Used Currency
The Chinese yuan is surging rapidly in trade settlements elbowing the Euro to become the second most used…
159 Countries Set to Adopt BRICS New Payment System
Amid the alliance’s continued efforts to create a SWIFT alternative, the economic alliance has sought to create its…
‘BRICS Bridge’ To Replace SWIFT and End Dependency on the US Dollar
BRICS is looking to create a new payment system for cross-border transactions without incorporating the US dollar in…
BRICS Officially Announces Financial System Similar to SWIFT
The BRICS alliance is looking to bypass the Western SWIFT system and replace it with its own financial…
BRICS Alternative To SWIFT Can Dethrone US Dollar
The BRICS alliance is working towards the creation of an alternative payment system for the US and the…
SWIFT Ready to Launch CBDC & Challenge BRICS Currency
The global bank messaging system SWIFT is planning to launch a new Central Bank Digital Currency (CBDC). The…