European Bank Ditches SWIFT for USDC Stablecoin Citing Faster Transaction Settlement

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European bank uses stablecoin instead of SWIFT for cross border transfers 350x209 1

A leading European blockchain bank – Bank Frick – is mulling ditching SWIFT for Circle’s USDC stablecoin to execute and settle payments more efficiently, Decrypt reports, June 10, 2020. Bank Frick Embraces Stablecoin USDC Liechtenstein-based Bank Frick the time-tested international interbank settlement service SWIFT for Circle’s USDC stablecoin. The bank said the USDC can execute

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