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Xapobank.com suspending SWIFT on Friday

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Like it says in the title. I learnt this while doing customer support chat as I wanted to do a SWIFT and it was supposed to be via Silvergate. When I queried if this was still ok they said yes, but only until Friday. At that point SWIFT is turned off and they are offering USDC for deposits, and newly UK “faster payment”.

I gathered they were looking for a way to get SWIFT back, but I suppose they need a new crypto friendly bank.

Ironic as I was trying to get started with them because \*they\* are a crypto friendly bank!

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EDIT: Xapobank is functionally a bitcoin exchange, it provides USD<->BTC conversions. In fact that seems to be the only point of the “bank”.



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Have I understood the concept of address, account and wallet correctly and how the wallet balance is calculated?

json rpc – How to import a descriptor into a wallet?
banks suck. use Bitcoin

banks suck. use Bitcoin