CBDC, Cross-Border Settlement and Laws

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

The Fintech Times

FEBRUARY 26, 2024

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. With so many countries looking towards centralised digital assets, we set out to find out how these would impact the cross-border payments market.

Cross-Border Payments

Cross-Border Payments Cross-Border Digital Currency Central Bank

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

The Payments Association

MARCH 18, 2025

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?

Federal Reserve

Federal Reserve Stablecoins Fed Settlement

Payments Space

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

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

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