Some still wonder why SWIFT doesn't adopt the absolute advantages of stablecoin transfer of speed and fee.
imo, the answer is a standard stablecoin transaction which can be used globally, just like how they invented SWIFT.
@SeiNetwork solves this obstacle by offering the universal settlement layer for stablecoin transfer, including:
+ under 400ms finality
+ 100x faster
+ 99% fee reduction
We have to admit that the tech side is currently able to cover all the limitations of SWIFT. It's the turn of governments to apply their regulations into this.
As soon as governments are ready to adopt blockchain in replacement for SWIFT, then we're ensured of a seamless global finance system.