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CATEGORY: cross border payment

BIS marks CBDC pilot as 'successful' with $22M transacted
Author: Cointelegraph By Jesse Coghlan
United States
Source: Cointelegraph.com News
Sep 28, 2022 08:20

BIS marks CBDC pilot as 'successful' with $22M transacted

Over $12 million in value was issued in the pilot with commercial and central banks in Hong Kong, Thailand, the UAE and China taking part.

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G20-Backed FSB Sets Out Roadmap for Stablecoins and CBDCs, Optimizing Cross-Border Payment System
Hong Kong
Source: Blockchain News
Oct 15, 2021 10:40

G20-Backed FSB Sets Out Roadmap for Stablecoins and CBDCs, Optimizing Cross-Border Payment System


The FSB, a G20-backed think tank, has cited the duo of government-issued CBDCs and stablecoins as key drivers in the pursuit of better cross-border payments. (Read More)

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Four Countries to Conduct Cross Border CBDC Payment Trials
Hong Kong
Source: Blockchain News
Sep 03, 2021 02:55

Four Countries to Conduct Cross Border CBDC Payment Trials


The Bank for International Settlements (BIS) has joined forces with the central banks of South Africa, Malaysia, Singapore, and Australia to kick start a project dubbed Dunbar aimed at testing the use CBDCs in cross border payments. (Read More)

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China’s digital yuan nears $250B transaction volume: Central bank governor
Author: Cointelegraph By Brayden Lindrea
United States
Source: Cointelegraph.com News
Jul 20, 2023 08:20

China’s digital yuan nears $250B transaction volume: Central bank governor

While the adoption and use cases of China’s e-CNY are expanding, the digital yuan still only represents 0.16% of China’s monetary supply.

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