Using CBDCs across borders: lessons from practical experiments

The BIS Innovation Hub is leading practical experiments to show how CBDCs can help deliver faster, cheaper and more transparent cross-border payments. Codruta Boar, advisor at the Innovation Hub, discusses research that she has co-authored with Morten Bech, Daniel Eidan, Philipp Haene, Henry Holden and Wee Kee Toh. Read more: https://www.bis.org/publ/othp51.htm

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Experts from the Bank for International Settlements (BIS) explain their work and discuss current issues for the global economy. As a hub for central banks and other financial regulatory and supervisory authorities, the BIS seeks to build a greater collective understanding of the world economy, foster international cooperation and support policy making.