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it won't be a matter of trusting one over the other; smart thing banks will do is register accounts with as many payments systems as are available, in order to

• Aperocky 5y ago
  Right, people here seem to think it's putting money into SWIFT or some alternative system. SWIFT doesn't hold or keep money, it just process them.
  • hunglee2 5y ago
    that's right, its a bank to bank messaging service. Significant mainly because its a monopoly but totally replicable, just no one has really had much reason to. Though US sanctioning targeted states has made more countries aware of the vulnerability. This episode will see a mushrooming of alts as each significant economy builds at least a failsafe - failure to do is would be gross dereliction of duty at this point