WEF 2022: SWIFT probably won't exist in 5 years, says Mastercard CEO
Cointelegraph
Published May 26, 2022 06:25AM ET
Updated May 26, 2022 08:00AM ET
Mastercard (NYSE:MA) CEO Michael Miebach said on Tuesday that he does not expect SWIFT, one of the most widely used platforms for cross-border fiat transactions, to exist in five years' time.
Miebach was speaking at a panel session on central bank digital currencies (CBDCs), as part of the Global Blockchain Business Council (GBBC)’s Blockchain Central Davos conference, which ran adjacent to the World Economic Forum 2022 in Davos, Switzerland.
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Written By: Cointelegraph
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