Banque de France, HSBC, and IBM have completed a successful test of the interoperability of wholesale central bank digital currency (CBDC). The experiment was designed to explore the potential benefits and challenges of using CBDC for interbank settlements and to test the technical feasibility...
Central bank digital currencies (CBDCs) are a type of digital currency issued by a central bank, typically as a means of modernizing the country's payment systems and increasing financial inclusion. Several countries are exploring the possibility of issuing CBDCs, but as of 2021, only...