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CBDC in Corporate Payments and Transaction Banking

Finextra

Here’s a at the evolution, real-world potential, and future of CBDC-linked instruments in transaction banking. Retail CBDC Trials: India’s e₹ (Digital Rupee) pilot unlocks person-to-merchant (P2M) and person-to-person (P2P) payments via CBDC wallets, demonstrating zero counterparty risk transfers without commercial bank rails.

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What will payments look like in 2030?

The Payments Association

From the decline of physical cash to the rise of blockchain-based systems, central bank digital currencies (CBDCs), and real-time cross-border settlements, payments are becoming faster, more secure, decentralised, and increasingly invisible. In essence, payments are no longer an action; they are becoming infrastructure.

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Will Central Bank Digital Currencies (CBDCs) Impact Cross-Border Payments in 2024?

The Fintech Times

Payments are arguably the face of fintech. As of December 2023, 130 countries, representing 98 per cent of global GDP, were exploring central bank digital currencies (CBDCs) according to the Atlantic Council ‘s CBDC tracker. The Bank of Canada recently released a report finding widespread public skepticism toward a CBDC.

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

PYMNTS

The group, which has been releasing detailed central bank digital currencies (CBDC) and cryptocurrency reports as of 2018, is geared toward CBDCs and retail and wholesale payments. . The OMFIF seeks to create connections between the traditional banking and cryptocurrency spaces.

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Bitcoin Daily: Chinese Leaders Back Regional Digital Currency Plan

PYMNTS

The group, which has been releasing detailed central bank digital currencies (CBDC) and cryptocurrency reports as of 2018, is geared toward CBDCs and retail and wholesale payments. . The OMFIF seeks to create connections between the traditional banking and cryptocurrency spaces.

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The Fed’s crypto pivot: Unlocking banking access and its impact on payments

The Payments Association

During the Biden Administration, the US Federal Reserve (the Fed) explored plans for Project Cedar, an early-stage framework for a potential central bank digital currency (CBDC). Senator Lee has been among the most vocal opponents of a US CBDC, expressing concerns about potential government overreach. How are banks likely to respond?