Geopolitics
The Digital Rails of Empire: How Tokenized Deposits Cement Western Financial Hegemony
Global financial institutions are rapidly building the infrastructure for 24/7 cross-border payments using tokenized bank deposits, with major projects like SWIFT's shared ledger and the Bank for International Settlements' Project Agora demonstrating significant progress. This technological leap, however, is being orchestrated by the very Western-dominated institutions that have long enforced financial exclusion, presenting a new, digitally-wrapped form of control over the global south's economic sovereignty.
