Swift Collaborates with Three Central Banks to Pilot CBDC Interoperability

Swift has partnered with three central banks to conduct beta testing of its central bank digital currency (CBDC) connector solution in an effort to advance cross-border payments using CBDCs.
In a recent press release, the global financial messaging network said that the Hong Kong Monetary Authority and the Central Bank of Kazakhstan are among the three central banks currently integrating its solution with their CBDC infrastructure….
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