Browsing Tag
Swift
19 posts
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…
BRICS Expansion a Threat To SWIFT Payment System & US Dollar
The new BRICS expansion could lead to a decline in global SWIFT transactions that can inadvertently affect the…
BRICS: Russia & Iran End SWIFT, Start Bank Transfers in Local Currency
BRICS members Russia and Iran have officially abandoned the SWIFT payment system for cross-border transactions. The two countries…
Three Central Banks Testing CBDC Interoperability Says SWIFT
Three different central banks are beta-testing a central bank digital currency (CBDC) interoperability project according to SWIFT. Indeed,…
Chainlink, Swift Successfully Transfer Tokenized Value
Swift and Chainlink have moved tokenized value successfully between numerous private and public blockchains. According to their official…
Chainlink Whales Buy $20 Million LINK in 7-days
The volatility in the crypto market has been rising of late. Even though the current levels are significantly…
Chainlink, SWIFT collaborate to bring cross-blockchain transactions
The entire crypto industry has been focused on the volatility that has struck the market. The invasion of…
Russia To Replace the Swift System With Its Own Blockchain Platform
Russia’s government organization has developed its own international payment blockchain platform to replace the Swift system. The Rostec…