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Bitcoin Daily: OMFIF Debuts Digital Monetary Institute; Chinese Leaders Back Regional Digital Currency Plan

PYMNTS

The potential stablecoin would assist in enabling trade between the four nations by bolstering clearing services as well as cross-border settlement, while its collection of collateral would adhere to the International Monetary Foundation (IMF) special drawing rights (SDR) model. .

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Bitcoin Daily: Chinese Leaders Back Regional Digital Currency Plan

PYMNTS

The potential stablecoin would assist in enabling trade between the four nations by bolstering clearing services as well as cross-border settlement, while its collection of collateral would adhere to the International Monetary Foundation (IMF) special drawing rights (SDR) model. .

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Rewiring the cross-border payments paradigm: Risk and security in correspondent banking confirmation

The Payments Association

In his view, the promise of instant, cross-border settlement is fundamentally limited by inconsistent legal recognition of digital transactions across jurisdictions. Can real-time cross-border payments be safe? What follows is a summary of the key themes that emerged.