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this 👇 - don’t understand why analysts continue to assume SWIFT is the only connector these days - a big chunk of euro volume, for example, is technically cross-border, but doesn’t show up in SWIFT data

29.7.2025
“Data from SWIFT” is useless and misleading without looking at CIPS and other domestic payments alternatives. Dedollarisation isn’t happening using Swift. It’s happening on platforms costing 96% less than Swift.
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