6 stories tagged #SWIFT

  1. China Upgrades Digital Yuan to Interest-Bearing System Challenging Dollar Dominance
    finance

    China Upgrades Digital Yuan to Interest-Bearing System Challenging Dollar Dominance

    The People's Bank of China transforms the e-CNY into an interest-bearing deposit system by 2026, aiming to bypass SWIFT and reduce reliance on the US dollar in global trade.

    last wk. 2 min read
  2. Western Union Eyes Stablecoin Launch to Bypass SWIFT for Global Settlements
    crypto

    Western Union Eyes Stablecoin Launch to Bypass SWIFT for Global Settlements

    Western Union is set to launch a USD stablecoin, USDPT, on Solana next month, aiming to revolutionize global transaction settlements and reduce reliance on traditional banking systems.

    2mo ago 1 min read
  3. Dollar Dominance Surges on SWIFT Network Amid Geopolitical Strife
    finance

    Dollar Dominance Surges on SWIFT Network Amid Geopolitical Strife

    The US dollar's share of SWIFT international payments climbed in March, influenced by escalating US-Iran tensions and potential shifts in central bank policies.

    2mo ago 1 min read
  4. XRP's Global Reach and Institutional Adoption Drive Long-Term Bull Case
    crypto

    XRP's Global Reach and Institutional Adoption Drive Long-Term Bull Case

    Analyst highlights XRP's widespread use in cross-border payments and growing institutional interest.

    3mo ago 1 min read
  5. Societe Generale-FORGE Expands EURCV Stablecoin to Stellar Blockchain
    crypto

    Societe Generale-FORGE Expands EURCV Stablecoin to Stellar Blockchain

    Societe Generale-FORGE, the crypto arm of Societe Generale, has launched its euro-denominated stablecoin, EURCV, on the Stellar blockchain, enhancing its multi-chain presence.

    3mo ago 1 min read
  6. Putin's Commodity Talk Signals Crypto's Geopolitical Ascent
    crypto

    Putin's Commodity Talk Signals Crypto's Geopolitical Ascent

    Russia's move towards legalizing crypto transactions for trade settlement, amid commodity price comments, highlights digital assets' growing role in global finance and challenging traditional systems.

    3mo ago 2 min read