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BIS releases full report on mBridge wholesale CBDC platform after successful pilot

Twenty commercial banks in Hong Kong, China, the United Arab Emirates and Thailand used the custom-made mBridge Ledger platform and CBDCs issued by their respective central banks to conduct payment and foreign exchange payment-versus-payment transactions on behalf of their corporate clients between August 15 and September 23. Over $12 million was issued on the platform, facilitating over 160 transactions worth more than $22 million in value.

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Source: Cryptocurrency - investing.com

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