A CBDC network may offer operational efficiencies, enhanced transparency and reporting capabilities.
Using a digital sovereign currency could foster innovation while safeguarding stability and security.
Covid-19 and the emergence of cryptocurrencies have accelerated work on CBDCs.
Project Lithium will test if U.S. infrastructure can support a Fed-issued central bank digital currency.
Secretary of the Treasury delivered remarks on digital assets policy, innovation, and regulation.
Project Dunbar uses multiple central bank digital currencies for international settlements.
The paper is the first step in discussing if a CBDC could improve the domestic payments system.
Five banks joined tests for settling interbank, monetary policy and cross-border transactions in Swiss francs.
Project Jura explored cross-border settlement of tokenised assets on a DLT platform.