Name: BIS Report Finds CBDCs Useful in Foreign Exchange Transactions
Uploaded: 2022-10-26T14:20:33.000Z
Duration: 2 min 31 s
Description: The Bank for International Settlements (BIS) revealed in a report that CBDCs come in handy for foreign exchange transfers as they saw 20 different commercial banks conduct over 160 payments worth around a total of $22 million. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the ongoing Project mBridge and what it means for CBDC adoptions around the world.

CD20$2,056.111.71%BTC$73,908.530.30%ETH$2,027.560.45%XRP$1.341.39%SOL$82.960.13%

BIS Report Finds CBDCs Useful in Foreign Exchange Transactions | CoinDesk Videos

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CD20$2,056.111.71%BTC$73,908.530.30%ETH$2,027.560.45%XRP$1.341.39%SOL$82.960.13%

BIS Report Finds CBDCs Useful in Foreign Exchange Transactions | CoinDesk Videos