dollars
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The Decline of Dollar Dependence: Implications for SWIFT and U.S. Finance

For decades, the Society for Worldwide Interbank Financial Telecommunication (SWIFT) has quietly powered global financial transactions. Its widespread adoption solidified the U.S. dollar’s role at the heart of international finance. But recently, there’s been a steady rise in alternative payment networks—particularly spearheaded by China and the BRICS nations. Is the era of SWIFT dominance at Continue reading
