The US government will never endorse it or allow major banks to give their full support through because they want control over the network to "keep the bad guys out".
> The US government will never endorse it or allow major banks to give their full support through because they want control over the network to "keep the bad guys out".
If I can't use it for bank to bank transfers or paying for things in a supermarket or another person, that means it is not available today.
You can transfer USDC to anywhere you need to spend it. I use it all the time for transferring between my Australian and USA bank accounts.
You said you were looking for a SWIFT replacement, this is it.