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China-led CBDC project mBridge tops $55B in cross-border payments

In 2024, the Bank for International Settlements stepped back from mBridge, seeking to distance itself from sanctions-related speculation surrounding the platform.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

China-led CBDC project mBridge tops $55B in cross-border payments

In 2024, the Bank for International Settlements stepped back from mBridge, seeking to distance itself from sanctions-related speculation surrounding the platform.

Why this matters

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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Read on Cointelegraph

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