BIS wraps exploration project on retail CBDC payment system
The bank concluded that a “hub-and-spoke” model between CBDC domestic systems could “reduce settlement and counterparty risk” and complete cross-border transactions in seconds.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The bank concluded that a “hub-and-spoke” model between CBDC domestic systems could “reduce settlement and counterparty risk” and complete cross-border transactions in seconds.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Mastercard launches stablecoin risk screening for banks and payment providers
The new service combines payment data and blockchain analytics to help banks detect suspicious stablecoin transactions before sett...
Blockworks Asks SEC to Make Token Projects Disclose Market-Maker Deals and Promoter Payments
Token projects raising money under the SEC’s proposed crypto offering rules would have to spell out their token loans, their agree...
JPMorgan Takes JPM Coin To Ethereum As Banks Test Public-Chain Settlement
JPMorgan is taking its bank-issued deposit token onto public Ethereum, an expansion that puts an established Wall Street payments...
Binance Pay Opens Crypto Payments at Millions of PayPay Merchants Across Japan
Key Takeaways: Binance Pay is now available for visitors to use at PayPay merchants in Japan. Crypto is immediately converted to J...
The Architecture of Money: Mapping Financial Power in the Age of Bitcoin
Bitcoin Magazine The Architecture of Money: Mapping Financial Power in the Age of Bitcoin Money determines where we live, what we...
Stablecoin Payments Reach $482 Billion As Token Supply Barely Grows
A new payments dataset offers a useful correction to the idea that stablecoin growth must be measured by how many tokens are in ci...