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BIS develops cross-border retail CBDC payment system
source link: https://fintechranking.com/2023/03/06/bis-develops-cross-border-retail-cbdc-payment-system/
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BIS develops cross-border retail CBDC payment system
A cross-border system connecting central bank digital currencies could allow for cheaper and safer global payments, according to a report published by the Bank of International Settlements on Monday.
The Basel-based bank for central banks’ Innovation Hub, in cooperation with the central banks of Israel, Norway and Sweden, has wrapped up “Project Icebreaker” to find solutions for DLT-based cross-border transactions.
Read more: The Block
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