Any currency can be traded via SWIFT, but more than 40% of its deals are dollar-denominated, so it tends to reinforce the U.S. dollar-based system. It should be no surprise, then, that in 2015, China launched a SWIFT competitor, the Cross-Border Interbank Payment System (CIPS), to boost international use of the yuan.
Trump Pledges to Free Silk Road Creator Ross Ulbricht If Re-Elected
Before Trump’s presidency ended in January 2021, he granted clemency to 143 individuals – pardoning 73, including Ripple board member Ken...