BRICS Considers Connecting Instant Payment Networks and Digital Currencies to Curb Cross-Border Transfer Costs
Members of the BRICS grouping are examining ways to interconnect their national fast payment platforms and central bank digital currencies (CBDCs). The aim is to lower the high costs and lengthy delays that currently characterize many international money transfers, according to recent comments from India’s… Read More
Read more in: Blockchain & Digital Assets, Fintech, Global | Tagged BRICS, cbdcs, central banks, Cross-Border Transactions
