NY Fed and MAS publish joint CBDC cross-border payment project results
The researchers built on their separate projects to demonstrate cross-border payments using illiquid currencies with an intermediate “vehicle” currency.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The researchers built on their separate projects to demonstrate cross-border payments using illiquid currencies with an intermediate “vehicle” currency.
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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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