The End of SWIFT’s Monopoly? China Tees up Commercial Launch of Rival Digital Network

15-Jun-2026 Bitcoin.com
People's Bank of China HeadquartersMbridge, now under Chinese leadership, would be preparing a commercial rollout with a Hong Kong-based entity to promote the blockchain-based digital yuan as a cheaper and easier alternative to SWIFT. The platform has already settled over 470 billion yuan, nearly $69 billion. China Plans Mbridge Rollout To Push Digital Yuan China is taking major steps […]
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