Podcast: What Is SWIFT and How It Impacts Russia | Weekly Roundup

Jason Yanowitz and Santiago Roel Santos are joined by Simon Taylor to discuss SWIFT, stablecoins and why they both apply to Russia and Ukraine

article-image
share

In the latest episode of “Empire,” Weekly Roundup, Blockworks’ Jason Yanowitz and Santiago Roel Santos are joined by Simon Taylor for a deep dive into the very relevant topic of SWIFT.

With recent sanctions placed on Russia, Simon explains what this means for the Russian economy going forward. Simon, Jason and Santiago dispel some misnomers and create a concrete definition of everybody’s current question: What is SWIFT?

Jason and Santiago also talk about:

  • Stablecoins as a geopolitical weapon
  • Nostro vs. Vostro accounts
  • How SWIFT works
  • And so much more

Check out what they had to say in the video below. 👇

About the show

“Empire” is a twice-a-week show. On Thursdays, Jason interviews crypto industry movers and shakers to talk about their struggles, bold moves and tough decisions. Friday’s weekly roundup episodes feature co-host Santiago Roel Santos and cover the top news from the past week.

For any NPR or Guy Raz fans out there, you can think of “Empire” as a “How I Built This” for the bitcoin and crypto industry.

Subscribe to “Empire” today on Apple or Spotify. Watch episodes on YouTube.


Get the day’s top crypto news and insights delivered to your inbox every evening. Subscribe to Blockworks’ free newsletter now.


Tags

Upcoming Events

Javits Center North | 445 11th Ave

Tues - Thurs, March 18 - 20, 2025

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

recent research

Research

article-image

HashKey’s Jupiter Zheng highlighted three success areas he’s watching: Ethereum, Solana and certain tokens in DeFi

article-image

Jack explored the various AI and memecoin projects that have sprung up over the past month

article-image

If gold remains steady today, a single move from bitcoin to $98,500 would do it

article-image

Revenue estimates for the third quarter come in at $33 billion, which would be an 83% increase from the prior year

article-image

Senator Cynthia Lummis hopes a US strategic bitcoin reserve can be teed up for “adoption in 2025”

article-image

As EIP-4844 “blobs” transform the economics of Ethereum layer-2s, a growing debate pits long-term scalability against immediate ETH value