The Payments Association

JUNE 3, 2025

Das added that improved liquidity due to streamlined settlement processes will reduce the need for intermediary currencies and lower the transaction costs. These projects leveraged distributed ledger technology (DLT) to settle trades more quickly and securely, using delivery-versus-payment (DvP) mechanisms that reduce counterparty risk. .”

CBDC 88

CBDC Cross-Border Central Bank Cross-Border Payments 88

Fintech News

DECEMBER 11, 2023

The project tested the feasibility of conducting multilateral cross-currency transfers through the UDPN, involving both Distributed Ledger Technology (DLT) and non-DLT-based CBDC technologies. The PoC explored two models. Globally, over 130 countries are exploring, developing, or have launched CBDCs.

CBDC 116

CBDC Distributed Ledger Technology (DLT) Cross-Border Central Bank 116

CB Insights

OCTOBER 29, 2020

But a growing number of companies want to employ distributed ledger technology (DLT) — which uses tech like blockchain to offer a simpler, streamlined way to verify transactions — to upend this status quo. One such company is Paxos, which offers custody, payment, and clearing & settlement services. First name.

Real Time Gross Settlement (RTGS) 101

Real Time Gross Settlement (RTGS) Blockchain Distributed Ledger Technology (DLT) Money Laundering 101

CB Insights

NOVEMBER 5, 2020

Distributed ledger technology (DLT) — which uses tech like blockchain to verify transactions without the need for a centralized authority — is gaining traction as a way to revamp capital markets infrastructure by making it more streamlined, improving transparency, and reducing associated fees.

Real Time Gross Settlement (RTGS) 98

Real Time Gross Settlement (RTGS) Blockchain Distributed Ledger Technology (DLT) Money Laundering 98

PYMNTS

NOVEMBER 2, 2020

31, focuses on anti-money laundering (AML) practices and countering financing terrorism (CFT). The ministry’s AML and CFT policies incorporate the suggested policies set by the Financial Action Task Force (FATF) and will be monitored by the Caribbean Financial Action Task Force (CFATF).

CBDC 64

CBDC Distributed Ledger Technology (DLT) Visa AML 64

Clearly Payments

AUGUST 29, 2024

Wholesale CBDCs could enhance the efficiency of the financial system by reducing settlement times and lowering costs. The BoC has engaged in several initiatives, including Project Jasper, which examines how distributed ledger technology (DLT) could be integrated into the country’s payment systems.

Central Bank 105

Central Bank Digital Currency CBDC Cross-Border Payments 105

Fintech News

JANUARY 30, 2024

Prototypes and proofs of concept are being developed for payment systems based on distributed ledger technology (DLT). These tokens are intended to facilitate a range of applications, including domestic and cross-border payments, trading and settlement processes, as well as serving as cash collateral.

Payments Trends 122

Payments Trends Digital Currency Distributed Ledger Technology (DLT) Cross-Border Payments 122