Swift to Initiate Live Trials for International Digital Currency Payments
Thursday, 3 October 2024, 01:35
Upcoming Live Trials by Swift
Swift has announced plans to initiate live digital asset transaction trials from 2025. The focus will be on central bank digital currencies, tokenised deposits, and other regulated digital assets, marking a significant milestone in international payments.
Key Objectives of the Trials
- Enhancing efficiency in foreign exchange.
- Exploring new digital currency frameworks.
- Adapting to emerging technologies in payments.
Impact on the Cryptocurrency Landscape
The introduction of these trials is expected to have a profound impact on the future of digital currency and international financial transactions.
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