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SWIFT, Capgemini team up to test using the international network for CBDC transfers

SWIFT and Capgemini are testing ways to link multiple CBDC networks, as well as CBDC and traditional currency networks, as a proof of concept. The majority of central banks worldwide are working on creating CBDCs, “with numerous central banks developing their own digital currencies based on different technologies, standards and protocols,” Thomas Zschach, SWIFT chief innovation officer, said in a statement.

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Source: Cryptocurrency - investing.com

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