PYMNTS

JANUARY 19, 2021

Banque de France has successfully conducted its own central bank digital currency (CBDC) trial, with a blockchain platform for interbank settlement, CoinDesk reported. A statement from the bank said the pilot involved a settlement on a private blockchain, which U.K. startup SETL provided, of around 2 million euros (about $2.4

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CBDC Interbank Settlement Settlement Central Bank 130

PYMNTS

AUGUST 7, 2020

Federal Reserve Board members this week shed some light on the timing and mechanics of FedNow — an always-on, fully interoperable interbank-settlement service that will give rise to instant payments in the United States. For the Federal Reserve, real-time payments will take time — three or four years’ time, to be specific.

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Fed Instant Payments FedNow Interbank Settlement 75

The Fintech Times

MARCH 7, 2024

Through the new project, Hong Kong Monetary Authority will explore innovative financial market infrastructure (FMI) that will facilitate seamless interbank settlement of tokenised money through a wholesale CBDC. We welcome global talents and industry players to come to Hong Kong and be part of this very exciting tokenisation journey.”

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CBDC Authorization Interbank Settlement Central Bank 53

PYMNTS

FEBRUARY 4, 2019

percent, according to a Markets and Markets Research report. . The system would facilitate 24/7 year-round interbank settlements of faster payments and also provide a liquidity management tool to support transfers between Federal Reserve accounts. billion in 2018 to $26.9 billion by 2023 — a CAGR of 30.9 The Federal Approach.

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Faster Payments Federal Reserve Real Time Payments TCH 73

Finovate

JANUARY 31, 2024

Federal Reserve has deployed “less than 20” people to work on research and development on CBDCs. interbank settlement system compared to similar systems in Europe that were deployed sooner. According to a report from think tank Atlantic Council, the U.S. The Council claimed that the U.S. The effort in the U.K.

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CBDC PayPal Cryptocurrency Interbank Settlement 65

Fintech News

MAY 29, 2025

While the region’s approach remains fragmented, progress is unmistakable, according to a new report by global crypto research firm Four Pillars, released in April 2025. In Asia, stablecoins are gaining significant attention, prompting governments to step in with efforts to regulate the sector.

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Stablecoins Regulations Issuers Digital Currency 82