Fintech News

JANUARY 9, 2025

Indonesia has reached a significant milestone in its journey toward exploring the potential of Central Bank Digital Currencies (CBDCs) with the completion of the Proof of Concept (PoC) for the wholesale Digital Rupiah under the auspices of Bank Indonesias Project Garuda.

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Distributed Ledger Technology (DLT) Multi-Currency Interoperability ISO 20022 128

Fintech News

MAY 11, 2025

In particular, its DBS Globesend solution for cross-border payments spans 132 currencies and 190 countries. Nium operates a payout network that supports 100 currencies and which spans more than 220 markets, 100 of which in real-time. DBS Bank is also a participating bank in PayNow, Singapores consumer real-time payments service.

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Cross-Border Payments Cross-Border APACS Distributed Ledger Technology (DLT) 123

The Fintech Times

JUNE 6, 2024

This project aims to create a multi-central bank digital currency (CBDC) platform for instant cross-border payments and settlements, leveraging distributed ledger technology (DLT). This allows it to serve as a testbed for additional technology solutions and interoperability with other platforms.

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Participant Distributed Ledger Technology (DLT) Cross-Border Payments CBDC 45

Fintech News

DECEMBER 15, 2024

This marks a critical milestone in the exploration of a Central Bank Digital Currency (CBDC). This phase, part of the Immediate State of Project Garuda, focused on testing a distributed ledger technology (DLT)-based wholesale cash ledger system to assess its feasibility, security, and compatibility with Indonesia’s financial ecosystem.

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CBDC Distributed Ledger Technology (DLT) ISO 20022 Cross-Border 115