20 Banks Settled Cross-border Transactions Over $22M through BIS CBDC Project ‘mBridge’

  BIS’ Project mBridge Facilitated 164 FX Transactions Totaling $22M+ in Its 6-Week Pilot Stage. The mBridge Project has demonstrated efficient cross-border settlements, as participating banks leverage it for 164 FX transactions worth over $22M in six weeks. The mBridge Project is a synergistic effort from the Bank for International Settlements (BIS), the Hong Kong […]

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