Project Agila: Philippines Central Bank Chooses Hyperledger Fabric Blockchain for Wholesale CBDC Trial
The Bangko Sentral ng Pilipinas (BSP) has announced its choice of the Hyperledger Fabric blockchain for Project Agila, its inaugural wholesale central bank digital currency (CBDC) trial. This selection came after consultations with key entities such as the International Monetary Fund (IMF), the BIS Innovation Hub, and other financial institutions. Wholesale CBDCs are typically built […]
Snapshot: Which countries have made the most progress on CBDCs so far in 2023
Source: Atlantic Council 2023 is already shaping up to be a major year in central bank digital currency (CBDC) exploration. As of March 1, sixty-five countries are in the advanced stage of development, and over twenty central banks have launched their pilots, including Brazil, Japan, and Russia. To dive deeper into these countries, follow our CBDC […]
Project CBDCPh: Bangko Sentral ng Pilipinas (BSP) pursues pilot project of a wholesale CBDC
Central bank digital currencies: a new tool in the financial inclusion toolkit?
Philippines central bank to launch CBDC research effort
