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Former Swift CEO Joins Stablecoin Firm OpenTrade as Chairman

(4 hours ago) · 1 source · Summarized by CryptoBipto

OpenTrade, a stablecoin-focused financial technology firm, has appointed a former CEO of Swift as its chairman. The appointment follows a reported $17 million fundraising round for the company.

WHY IT MATTERS

Swift is the system that banks around the world use to send payment instructions to each other — think of it as the postal service for international money transfers.

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SOURCES

  • coindesk.com

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