The World Is Quietly Moving Away from SWIFT — Here’s What’s Replacing It
A major shift is happening in global finance. Many countries are slowly moving away from SWIFT — the international payment system used for decades. Instead, they’re starting to use alternatives like CIPS and central bank digital currencies (CBDCs).
• This change is mostly driven by rising political tensions and the fear of sanctions.
• Nations want more control over their money flows, and digital systems offer that independence.
It may not make big headlines now, but this shift could completely change how the world moves money. Time will tell if the old system survives — or if the future truly belongs to digital rails.
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