How Swift Actually Works and Why Crypto Gets It Wrong | Tom Zschach
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How Swift Actually Works and Why Crypto Gets It Wrong | Tom Zschach
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How Swift works is one of the most misunderstood topics in crypto payments. Tom Zschach spent six years as Chief Innovation Officer at Swift, and he has unique insights to share.
In this episode:
Why stablecoins aren’t replacing Swift; they’re connecting to it
Why Tom called Ripple a fax machine and stands by it
Why a token isn’t money and what that means for settlement
Why faster and cheaper isn’t the real prize- certainty is
What it actually takes to move $50 million into Singapore when there’s no alternative
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