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Big Move: SWIFT Payment System May Be Replaced By CBDCs In Five Years
Few at Davos were willing to admit to the outcome that Mastercard's CEO suggested, arguing that SWIFT would continue its prevalence for decades. Yet, almost every major central bank in the world is now pursuing a digital currency program, and the IMF has been exceedingly vocal about the need for a global digital currency system in the near future to provide “stability” in the face of national inflationary crisis events.
Read More: https://www.zerohedge.com/geopolitical/mastercard-ceo-swift-payment-system-may-be-replaced-cbdcs-five-years
Read More: https://en.wikipedia.org/wiki/SWIFT
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