this post was submitted on 27 Mar 2024
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cross-posted from: https://sopuli.xyz/post/10875581

SWIFT planning launch of new central bank digital currency platform in 12-24 months

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[–] JoeKrogan 13 points 5 months ago* (last edited 5 months ago) (1 children)

Completely under the banks control so missing the entire point

[–] [email protected] 4 points 5 months ago

Probably not even likely that the general public will have access to their CBDC. Likely just for interbank transfers.

[–] [email protected] 2 points 5 months ago

If you're not using decentralized currencies, then you're completely missing the point.

[–] [email protected] -5 points 5 months ago

So stablecoins are dead. We get another message type in swift. A boring dystopia.