The correct answer is 3 i.e., both statements 1 and 2 are correct.

1) Central Bank Digital Currencies (CBDCs) operate in a digital or virtual form of the country`s respective currency. This means that payments can indeed be made without using the US dollar or SWIFT system as these digital transactions are not dependent on traditional banking systems or specific currencies.

2) CBDCs can be programmed with specific conditions, much like smart contracts in blockchain technology. This means that a digital currency can have certain conditions attached to its use. For instance, it can be programmed to be spent within a certain time frame. This flexibility of programmability is one of the major reasons why CBDCs and blockchain-based currencies are seen as the potential future of monetary systems.

Therefore, both these statements correctly describe aspects of Central Bank Digital Currencies.