SWIFT payment system is launching tests of cross-border payments using central bank digital currencies.

Analyst Comment: Digital currencies will be the next, and probably last, economic weapon before global collapse. With digital currencies governments can launch universal basic income systems which control what government money can be spent on and how fast it must be spent. This is the failed Keynesian model combined with modern monetary theory. It will fail miserably as productivity will plummet and western nations will implode. The big winners will be poor, productive nations who resist universal basic income. If they keep producing, the global economic stage will be clear for them to takeover.