IMF Paper Addresses Cross-Border Payments Benefits and Challenges Using CBDCs

Global payments

As central banks worldwide continue to contemplate the issuance of central bank digital currencies (CBDC), a recent paper from the International Monetary Fund (IMF), written by André Reslow, Gabriel Soderberg, and Natsuki Tsuda, explores the potential benefits and challenges of implementing retail CBDCs for cross-border payments. The paper emphasises the importance of factoring in cross-border […]

Stablecoins Coming to Bitcoin’s Lightning Network, CEO Elizabeth Stark

Stablecoins Coming to Bitcoin's Lightning Network, CEO Elizabeth Stark

Lightning Labs is making headway in introducing stablecoins to the Bitcoin network. This advancement comes through the utilisation of Bitcoin’s Taproot upgrade, which was rolled out in late 2021. Elizabeth Stark, CEO of Lightning Labs, shared these insights during her presentation at FT Live’s Crypto and Digital Assets Summit in London. At the summit, Stark […]

​Making CBDCs work for offline payments

​Making CBDCs work for offline payments

Source: Quant In this article, we explore some of the key challenges associated with offline payments, why they must be an integral part of any central bank digital currency project and how to ensure that – while offline – they are secure and resilient enough to protect against cyberthreats and other financial crime. What are […]

The Social and Economic Benefits of a CBDC | Poundcast Episode 15

The Social and Economic Benefits of a CBDC

In Episode 15 of the Poundcast, we are joined by Simon Youel, Head of Policy and Advocacy at Positive Money, a key player in the realm of economic reform and an advocate for the responsible creation and distribution of money. As a recent addition to the DPF community, Positive Money brings a wealth of insights […]

Navigating the Future Stablecoin Market

Navigating the Future Stablecoin Market

Recorded live: 25 April 2024 According to CCData’s recent Stablecoins & CBDCs research report, stablecoin trading volumes on centralised exchanges rose 4.54% to $1.05tn in January 2024, reaching their highest level for 3 years. The market is rapidly expanding and also growing more complex with popular stablecoin features including not just stability but also security […]

Modernizing Financial Markets with Wholesale Central Bank Digital Currency (wCBDC)

Modernizing Financial Markets with Wholesale Central Bank Digital Currency (wCBDC)

Achieving secure and efficient modernisation of wholesale financial markets will require close collaboration between the public and private sectors. As such, the World Economic Forum, in collaboration with Accenture, have published a new report exploring practical insights for policymakers and the private sector as they plan for the potential adoption of wCBDCs. Nearly all central […]

New Zealand Enter Stage 2 Exploration into CBDC

New Zealand Enter Stage 2 Exploration into CBDC

In an era increasingly defined by digital transactions, the Reserve Bank of New Zealand (RBNZ), also known as Te Pūtea Matua, is exploring the introduction of a digital cash system. Their initiative aims to complement, rather than replace, the traditional use of physical cash, acknowledging the evolving payment landscapes while maintaining a stronghold on accessibility […]

Global Blockchain Business Council (GBBC) partners with the Digital Pound Foundation

Global Blockchain Business Council (GBBC) partners with the Digital Pound Foundation

We are pleased to announce that Global Blockchain Business Council (GBBC) has joined the Digital Pound Foundation (DPF) as a strategic partner. GBBC is the largest leading industry association for the blockchain technology and digital assets community. Launched in Davos in 2017 as a Swiss-based non-profit, GBBC has more than 500 institutional members, and 301 […]

Ripple’s USD-backed stablecoin aims to bridge traditional finance and DeFi

Ripple's USD-backed stablecoin aims to bridge traditional Finance and DeFi

The stablecoin market is expected to soar to a staggering $3 trillion within the next four years. In anticipation of this explosive expansion and recognising the escalating prominence of stablecoins in global financial ecosystems, Ripple has unveiled plans to introduce a new stablecoin pegged 1:1 to the US dollar (USD), fully backed by a combination […]

KodeLab joins the Digital Pound Foundation as an Associate Member

KodeLab joins the Digital Pound Foundation as an Associate Member

We are pleased to announce the addition of KodeLab to the Digital Pound Foundation’s membership community. They join the Foundation as an Associate Member. KodeLab is a full service consultancy specialising in digital assets, blockchain and AI. They also have a technology product suite enabling business end-users to instantly unlock ultra-flexible credit/liquidity in their properties […]

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