Revolution in sight?
Multi-CBDC platforms are said to allow financial institutions to transact directly with each other in digital currencies issued by participating central banks. Furthermore, the platforms would eliminate the need for intermediaries and reduce the time and cost of transactions.
It will explore various projects that allow central banks to share CBDC infrastructures, based on collaboration between public and private sector experts in different fields. In addition, the project is expected to explore the international aspects of CBDC design and support the efforts of the G20 roadmap to improve cross-border payments.
The results of the experiment, which will be published in earlywill inform the development of future platforms for global and regional settlements. What do you think of it?
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Are banks really preparing to mint their own CBDCs? Let us know in the comments section below.
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Andrea Santillo Andrea Santillo Freelancer expert writer in the field of digital finance and now also in the field of cryptocurrencies. Thanks to my linguistic knowledge I carry out research and studies on various sites and my articles are founded and deepened on these themes.
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