Taylor Swift is doing what now?
Oh it's the other Swift. So they are trying to develop a solution for various central banks so there is one interoperable network instead of many incompatible ones. Launch in 12 to 24 months.
"Its latest trial involved central banks from Germany, France, Australia, Singapore, Czech Republic and Thailand as well as a number that requested to remain anonymous.
A raft of heavyweight commercial banks including HSBC, Citibank, Deutsche Bank, Societe Generale, Standard Chartered and the CLS FX settlement platform all took part too, as did at least two banks from China."
But I thought the Czech central bank has abandoned any CBDC effort as there is no need for it. 🤔🤔🤔
