cross-border payments

Cross-border payments are financial transactions where the payer and the recipient are located in different countries. These transactions involve the transfer of funds across national boundaries and can include trade payments, remittances, investments, and other international money transfers.
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  1. China Launches Digital Yuan Settlement Network Bypassing SWIFT

    China Launches Digital Yuan Settlement Network Bypassing SWIFT

    China Launches Digital Yuan Settlement Network Bypassing SWIFT China quietly activated a global settlement system using its digital yuan, cutting out SWIFT and slashing transaction times from days to seconds — a major milestone in the internationalization of its currency. Beijing’s Silent...
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