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CBDC transactions to exceed $213 billion by 2030 globally
A new study has found the value of payments via CBDCs (Central Bank Digital Currencies) will reach $213 billion annually by 2030; up from just $100 million in 2023. This... read more
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Swift set to continue test on inter-bank CBDC connector
Swift says it will continue to progress on its experimental solution for interlinking Central Bank Digital Currencies (CBDCs), reporting that 18 central and commercial banks found “clear potential and value”... read more
The post Swift set to continue test on inter-bank CBDC connector appeared first on Payments Cards & Mobile.
Brazil central banks prepares for digital real CBDC trial
The Central Bank of Brazil will start a CBDC pilot project, aiming to replicate the success of its instant payment system Pix and help further popularise financial services in the... read more
The post Brazil central banks prepares for digital real CBDC trial appeared first on Payments Cards & Mobile.
Project Icebreaker concludes experiment for cross-border CBDCs
The Bank for International Settlements (BIS) and the central banks of Israel, Norway and Sweden have concluded Project Icebreaker, which studied the potential benefits and challenges of using retail central... read more
The post Project Icebreaker concludes experiment for cross-border CBDCs appeared first on Payments Cards & Mobile.
Australian Central Bank starts CBDC project rolling
As previously announced, the Reserve Bank of Australia is collaborating with the Digital Finance Cooperative Research Centre (DFCRC) on a research project to explore potential use cases and economic benefits of... read more
The post Australian Central Bank starts CBDC project rolling appeared first on Payments Cards & Mobile.
