4min chapter

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CBDC - Can RBI make a big leap into the future with digital currencies?

Capitalmind Podcast

CHAPTER

Using the U P I Sh in a Swift System

Ar wa has the u pi, which is used by swift for international dance roconses. And juan has the same system. They're saying, if you wan't to deal with juan, you just have to create accounts with chinese banks and do this. But we could use the chinese central bank currency, a central bank ditial currency, as a way to play that role as well. So you could do this at multiple currency. We know what two of us, two different countries, cantrad in the yoan two different countries cantrad inThe ionar and all sorts of things. There are lots of rules that need to change for this to happen.

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