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Digital RMB vs SWIFT: The emerging tech-backed disruption of cross-border payment settlement | ICT Pulse – The leading technology blog in the Caribbean

Summary by ICT Pulse
With China’s digital RMB cross-border settlement system now fully connected to the ten ASEAN countries and six Middle Eastern nations, questions must be asked about the continued utility of the SWIFT system used by financial institutions worldwide, and we in the Caribbean region could learn from this recent development.   In the closing days of March, a flurry of articles was released on China’s Central Bank Digital Currency ushering a new era i…
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Digital RMB vs SWIFT: The emerging tech-backed disruption of cross-border payment settlement | ICT Pulse – The leading technology blog in the Caribbean

With China’s digital RMB cross-border settlement system now fully connected to the ten ASEAN countries and six Middle Eastern nations, questions must be asked about the continued utility of the SWIFT system used by financial institutions worldwide, and we in the Caribbean region could learn from this recent development.   In the closing days of March, a flurry of articles was released on China’s Central Bank Digital Currency ushering a new era i…

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ICT Pulse broke the news in on Friday, April 4, 2025.
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