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CBDCs in practice: What we’ve learned from the early movers

The Payments Association

James Hurren explores what early CBDC deployments across Asia, the Caribbean, and Europe reveal about usage, adoption, and the future of cross-border digital money. Central bank digital currencies (CBDCs) have rapidly evolved from theoretical concepts into live pilots and national deployments.

CBDC 88
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Sweden’s Central Bank Floats E-Krona As Digital Currency

PYMNTS

Sweden’s Riksbank is assessing e-krona, a new form of digital currency that hopes to take the country a step closer to the creation of the world’s first central bank digital currency (CBDC), according to reports on Thursday (Feb. Payments usually take place with credit, debit cards or mobile payment apps.

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Bank of Ghana tests CBDC integration with mobile money providers

The Paypers

The Central Bank of Ghana (BoG) has announced it granted Vodafone Cash and CalBank customers the opportunity to test its online version of its digital currency (CBDC), the eCedi.

CBDC 78
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Fintech in the Caucasus: Armenia, Azerbaijan & Georgia

The Fintech Times

With advancements in payment systems, blockchain exploration, and digital currencies, these nations are harnessing technology to transform their financial landscapes and drive future development. per cent Central Bank of Armenia (CBA) Armenia’s growth has been driven in part by its young, tech-savvy population.

FinTech 69
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Central Banks See Digital Fiat As Complement To Cash, Not Replacement

PYMNTS

But there’s room for co-existence of cash and digital currencies. The recently released report by the Bank for International Settlements ( BIS ) offers a general framework for digital currencies. And digital money, according to the BIS, will have to take its place alongside paper bills and coins.

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Wallet wars: How digital payments are reshaping finance

The Payments Association

As digital wallets reshape finance and big tech challenges traditional banks, who will control the future of money? X (formerly Twitter) has made its first decisive step into fintech, announcing a partnership with Visa to power its ambitious new digital wallet, X Wallet.

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An Overview of Debit Cards, P2P Payments, and Digital Cash in 2024

Clearly Payments

According to Visa, tokenized transactions accounted for 85% of all mobile debit transactions in North America in 2023. By 2023, it was estimated that 67% of global consumers had used a digital wallet, with debit cards being the most commonly linked payment method. Over 15,000 businesses worldwide accept Bitcoin payments as of 2024.