NY Fed and MAS publish joint CBDC cross-border payment project results

by Aurelia Butler 19 May 2023, 21:00 99 Views

A vehicle currency is a highly liquid currency used to facilitate the trading of two less liquid currencies. The first low-liquidity currency is converted into the vehicle currency, which is then converted into a second low-liquidity currency. MAS deputy managing director Leong Sing Chiong said in a statement:

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Source: Cryptocurrency - investing.com

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NY Fed and MAS publish joint CBDC cross-border payment project results

US bank deposits and credit slip in latest week, Fed data shows

As investors worry about a recession, take 3 steps to boost your financial security, advisor says

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