HAL1000 Posted July 21, 2021 Share Posted July 21, 2021 (edited) https://www.ledgerinsights.com/central-bank-of-france-tunisia-in-wholesale-cross-border-cbdc-trial/ Keep this in mind when reading below, Central Bank of France Eyes XRP as Basis for Digital Euro:- The experiment used a blockchain-based wholesale central bank digital currency to carry out wire transfers between commercial banks in each country instead of using SWIFT. One of several cross border CBDC trials The Bank for International Settlements (BIS) is encouraging central banks to take account of cross border payments at the CBDC design phase. Hence CBDCs have to interoperate with digital currencies from other countries and the design of multi-CBDC (m-CBDC) systems is an active research area. France’s recent CBDC trials have all focused on cross border payments. On July 8, the French central bank announced a cross border CBDC experiment with the Monetary Authority of Singapore (MAS), using JP Morgan’s Onyx blockchain to support the wholesale CBDC experiment. And last month, France partnered with the Swiss National Bank to investigate the use of wholesale CBDC to settle tokenized asset transactions. Edited July 21, 2021 by HAL1000 Link to comment Share on other sites More sharing options...
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