• About Us
  • Careers
  • Contact
No Result
View All Result
Wednesday, October 22, 2025
DeFi Planet
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
No Result
View All Result
DeFi Planet
No Result
View All Result
Home News Latest News

U.S. Federal Reserves Collaborates With Five Global Central Banks to Enhance US Dollar Liquidity

20 March 2023
in Latest News, News, Policy
Reading Time: 4 mins read
100 8
U.S. Federal Reserves Collaborates With Five Global Central Banks to Enhance US Dollar Liquidity

Image source: agenzianova.com

The U.S. Federal Reserve has announceda collaboration with five global central banks to ensure the availability of U.S. dollars in light of recent banking failures in both the United States and Europe. This was made known in an announcement by the agency on March 19, 2023.

Coordinated central bank action to enhance the provision of U.S. dollar liquidity: https://t.co/Qs4cYY8BFO

— Federal Reserve (@federalreserve) March 19, 2023

The U.S. Fed partnered with the Bank of Canada, Bank of England, Bank of Japan, European Central Bank, and Swiss National Bank to coordinate and improve the provision of liquidity via standing U.S. dollar swap line arrangements.

The use of swap lines as an emergency measure was established during the global financial crisis of 2007-2008 and the COVID-19 pandemic in 2020. These swap lines increased dollar funding in challenging economic circumstances and enhanced liquidity in financial markets.

According to the U.S. Fed:

“To improve the swap lines’ effectiveness in providing U.S. dollar funding, the central banks currently offering U.S. dollar operations have agreed to increase the frequency of 7-day maturity operations from weekly to daily.”

The Swap Line network will begin on March 20 and run at least through April 30. 

Although the Federal Reserve did not explicitly refer to the recent banking crisis in its announcement, it claimed that the swap line system was put in place to make credit more accessible to both individuals and businesses. 

The network of swap lines among these central banks is a collection of standing facilities that are readily available and act as a vital liquidity backstop to ease pressures in the global funding markets, thereby helping to reduce the impact of such pressures on the availability of credit to households and businesses.

The U.S. banking industry is currently facing a sharp downturn. Two major banks, Silicon Valley Bank and Signature Bank, have reportedly been taken over by the U.S. Federal Deposit Insurance Corporation (FDIC) for the systemic risk they pose to the financial system in the nation. 

 

If you would like to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram and CoinMarketCap Community.

“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”

Tags: BANK CRISESDollar
Share63Tweet39Share11
Favour Udeo

Favour Udeo

Favour is a writer, who is interested in blockchain, DeFi, and Web3 in general. She finds machine learning and emerging technologies interesting.

Related Posts

Asian Exchanges Crack Down on Crypto Treasury Listings as Market Momentum Fades
Crypto

Asian Exchanges Crack Down on Crypto Treasury Listings as Market Momentum Fades

22 October 2025
Binance Rolls Out Direct USD Transfers via BPay Global in 70+ Countries
Crypto

Binance Rolls Out Direct USD Transfers via BPay Global in 70+ Countries

22 October 2025
Chainlink Labs Proposes On-chain Compliance Framework to U.S. Treasury
Blockchain

Chainlink Labs Proposes On-chain Compliance Framework to U.S. Treasury

22 October 2025
Kadena Shuts Down Operations Amid Market Pressures, Blockchain to Remain Decentralized
Crypto

Kadena Shuts Down Operations Amid Market Pressures, Blockchain to Remain Decentralized

22 October 2025

Editors Picks

Mining vs. Staking: Which Crypto Validation Method Will Shape the Future?

Mining vs. Staking: Which Crypto Validation Method Will Shape the Future?

byOlajumoke Oyaleke
15 July 2025
0

Where Are the Ethereum-Killers Now?

Where Are the Ethereum-Killers Now?

byOlayinka Sodiqand1 others
6 January 2025
0

source: investorplace.com

How to Find the Newest Cryptocurrencies Before They’re Listed

byOlayinka Sodiq
30 December 2024
0

Exploring the Role of AI in Enhancing DeFi Security

Exploring the Role of AI in Enhancing DeFi Security

byOlayinka Sodiq
1 October 2024
0

The Ultimate Guide to How NFT Royalties Work

The Ultimate Guide to How NFT Royalties Work

byAdedamola Ojedokun
17 April 2024
0

Read More

Chain of Thoughts

The Aesthetics of Web3: Why Vibe Matters in Decentralized Communities

The Aesthetics of Web3: Why Vibe Matters in Decentralized Communities

byOlu Omoyele
27 September 2025
0

...

Zero-Knowledge Everything: Trust, Privacy, and Verification in the Digital Age

Zero-Knowledge Everything: Trust, Privacy, and Verification in the Digital Age

byOlu Omoyele
30 August 2025
0

...

What Happens When AI Gets a Wallet?

What Happens When AI Gets a Wallet?

byOlu Omoyele
31 July 2025
0

...

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

byOlu Omoyele
30 June 2025
0

...

Markets Update

Crypto in Latin America: Adoption Booms as Media Visibility Falls, Outset PR Finds

1 day ago

Your Weekend Crypto Roundup | October 2025 (Week 3)

5 days ago

Crypto in Latin America: Adoption Booms as Media Visibility Falls

1 week ago

Your Weekend Crypto Roundup | October 2025 (Week 2)

2 weeks ago

Your Weekend Crypto Roundup | October 2025 (Week 1)

3 weeks ago

What $1 Billion in Liquidations Means for Market Stability

3 weeks ago
Read More

Events

  • No events
  • Spotlight

    All about Ethereum
    All about Algorand
    All about Bitcoin
    All about Gora

    Press Releases

    Phemex Upgrades Rewards Hub with $15,000 Package And Mystery Box System

    bychainwire
    22 October 2025
    0

    Ika and Human Tech Reveal Wallet-as-a-Protocol (WaaP): First Zero-Trust Decentralized Wallet Infra

    bychainwire
    22 October 2025
    0

    Alps Blockchain Announces Corporate Rebranding to Alps

    bychainwire
    22 October 2025
    0

    Bombastic Casino Unveils New Design and Enhanced Features

    bychainwire
    21 October 2025
    0

    Crypto Market Recovers as Liquidity Returns — Pepeto Announces $700K Giveaway and 221% Staking Rewards

    bychainwire
    21 October 2025
    0

    Read More

    ADVERTISING

    ABOUT

    TEAM

    CAREERS

    CONTACT

    TERMS & CONDITIONS

    PRIVACY POLICY

    © Copyright 2025 DeFi Planet

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In

    Add New Playlist

    No Result
    View All Result
    • News
      • People
      • Business
      • Crime
      • Regulation
      • Crypto
      • CBDC
    • Markets
      • Bitcoin
      • Ethereum
      • Stablecoins
      • Altcoins
      • Crypto ETFs
      • Memecoins
    • Policy
    • Articles
      • Press Releases
      • Opinion
      • Explainers
      • Guest Post
      • Sponsored
    • Directory
      • Companies
      • People
      • Products
      • Wallets
    • Multimedia
      • Videos
      • Podcasts
    • Learn
      • DeFi Basics
      • Tutorials
      • Reviews
      • Blockchain Fundamentals
    • Research
      • Case Studies
    • Explore
      • DeFi
      • Crypto Gaming
      • NFT
      • DAO
      • Metaverse
      • Glossary
    • Jobs
    • Markets Pro
      • DeFi Planet Pro
      • Spend Crypto
      • Swap Crypto
      • Coin Prices
      • Crypto Exchanges
      • Crypto Analyzer

    © Copyright 2024 DeFi Planet   |   Terms & Conditions   |   Privacy Policy

    -
    00:00
    00:00

    Queue

    Update Required Flash plugin
    -
    00:00
    00:00