In a June 19 CBDC policy roundtable, the IMF’s director of the monetary and capital markets department, Tobias Adrian, presented a new platform concept for cross-border payments. This includes a blueprint for a payment system that uses one ledger to record CBDC transactions. According to Adrian, the “XC platform” will have a single ledger where digital representations of central bank reserves in any currency can be exchanged.
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Source: Cryptocurrency - investing.com