CBDCs can cut cross border remittance costs by half: BIS report

by Aurelia Butler 29 September 2021, 12:20 199 Views

According to the report titled “Inthanon-LionRock to mBridge: Building a multi CBDC platform for international payments” published on Tuesday, CBDCs can reduce the transaction throughput of cross-border payments from three to five business days to only a few seconds.

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Source: Cryptocurrency - investing.com

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CBDCs can cut cross border remittance costs by half: BIS report

Mortgage demand falls as rates rise to highest level since July

Wall Street set to rebound on boost from tech stocks

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