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CBDC: How to save $120 billion in cross-border payments

Global corporates move nearly $23.5 trillion across countries annually, equivalent to about 25% of global GDP. To do this, they have to rely on wholesale cross-border payment processes which remain... read more

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BIS, CBDC, Central bank digital currencies (CBDC), Cryptocurrency, Daily news, mBridge projec, mCBDC, Processing & Systems, Project Aber, Project Inthanon, Project LionRock -

BIS successfully trials multi CBDC platform for international payments

A prototype of multiple Central Bank Digital Currencies (mCBDCs) developed by the Bank for International Settlements Innovation Hub and four central banks has demonstrated the potential of using digital currencies... read more

The post BIS successfully trials multi CBDC platform for international payments appeared first on Payments Cards & Mobile.

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