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Ah, okay. I was just thinking of like bank to bank transfers or at least one end of the transaction being a bank, but I can understand what you are saying. There maybe isn't really an easy way to compare the two.

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Now you are talking about the SWIFT network along with the Repo market. However, the data on SWIFT, since it is controlled, is not really out there clearly.

It is hard to find a lot of this data since they are controlled by different companies or industries.

Nevertheless, with all the digital, we know things are increasing.

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Before cryptocurrency renders SWIFT irrelevant, more and more nations will find ways to circumvent SWIFT. It's not the only game in town when it comes to processing transactions, even though USG still pretends that it is.

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