Swift Advances in Interconnecting Central Bank Digital Currencies with Latest Testing Phase
![Swift Advances in Interconnecting Central Bank Digital Currencies with Latest Testing Phase](https://digitalpoundfoundation.com/wp-content/uploads/2023/09/Swift-Advances-in-Interconnecting-Central-Bank-Digital-Currencies-with-Latest-Testing-Phase-1024x576.jpg)
Swift, the global financial messaging service, is steering ahead in its mission to bolster the interoperability of Central Bank Digital Currencies (CBDCs) by launching a groundbreaking beta solution, currently under evaluation by three central banks. Additionally, over 30 financial entities have engaged in exploring the extensive applications of this solution through a newly introduced sandbox. […]
Successful testing paves way for CBDC use cross-border
![Successful testing paves way for CBDC use cross-border](https://digitalpoundfoundation.com/wp-content/uploads/2023/03/Successful-testing-paves-way-for-CBDC-use-cross-border-1024x576.jpg)
Source: Swift Central and commercial banks see “clear potential and value” in Swift’s pioneering CBDC interoperability solution, following successful testing in a sandbox environment. Central bank digital currencies (CBDCs) are clearly gaining momentum. But as central banks around the world continue to explore the potential use of central bank-backed digital money in their local markets, […]
Exploring central bank digital currencies: How they could work for international payments
![](https://digitalpoundfoundation.com/wp-content/uploads/2021/05/swift-image-lighttrails-car4-1440-600-1024x576.jpeg)