Browsing Tag
Swift
17 posts
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…
Cryptocurrency: 3 Coins Deliver Double-Digit Gains After Bitcoin Hit $56,000
As Bitcoin skyrockets, surpassing $57,000 and reaching a two-year pinnacle, meme coins are enjoying a resurgence in the…
BRICS: SWIFT ‘Unfair’ Payment System, It Favors Only The US Dollar
BRICS has called the US dollar-dominated SWIFT global payment system “unfair and costly”. The majority of countries, including…
BRICS: 159 Countries Eyeing Russia’s New Payment System
BRICS member Russia confirmed that the country is building an alternative to the SWIFT payment system without integrating…