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wCBDC payments edge closer to reality but not without considerations

wCBDC payments edge closer to reality but not without considerations

Central banks worldwide increasingly recognise the benefits of wholesale central bank digital currencies (wCBDCs) in making remittances and other cross-border transactions cheaper, faster and safer. Pilot projects set in motion seek to identify opportunities and risks as well as explore the possibility of having shared infrastructure to automate cross-border payments, foreign exchange and settlements.

https://www.tabinsights.com/article/wcbdc-payments-edge-closer-to-reality-but-not-without-considerations