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In reply to @fast
Fastackl.eth@fast
3/22/2023

2/At least since 2008 my experience is no HNW/large non-us corporate would be dumb enough to have big US banking exposure (although still use swift). If an HNW sets up a banking relationship it's in (or was in) Switzerland, Singapore, Bahamas etc.

In reply to @fast
Fastackl.eth@fast
3/22/2023

3/In my experience this is non-obvious to US HNWs but slowly I'm seeing more HNWs starting to realise this. Also some more exposed users like TUSD for example have moved banking to Bahamas

In reply to @fast
Dan Romero@dwr
3/22/2023

how'd the setting up in Switzerland work out with CS? :)