About 35 percent of the banks saw CBDCs as an important way to improve cross-border payments
According to a new report, the central bank digital currency (CBDC), which is used for cross-border payments, is being developed in many countries and aims at direct inclusion both for the people it serves and the central bank in the national economy.
On 8 December, The Digital Money Institute (DMI) released its third Future of Payments report for the year. The DMI is a part of the Official Monetary and Financial Institutions Forum think tank. This was the first report of its kind, as it also included a survey of central banks.