Multiple CBDC Platform Might Cut Int Payment Expenses By AROUND Half
Multiple Platform

Multiple CBDC Platform Might Cut Int Payment Expenses By AROUND Half

Source: Adobe/krichieThe Innovation Hub of the Bank for International Settlements (BIS) and four central banks have jointly developed a prototype of multiple central bank digital currencies (mCBDCs). According to the Hub, it demonstrates the potential of using digital currencies and distributed ledger technology (DLT) for ensuring “real-time, cheaper and safer cross-border payments and settlements.”The mBridge…