MAS Launches Expanded Initiative to Advance Cross-Border Connectivity in Wholesale CBDCs

MAS Launches Expanded Initiative to Advance Cross-Border Connectivity in Wholesale CBDCs

Source: Monetary Authority of Singapore (MAS) The Monetary Authority of Singapore (MAS) today launched Ubin+, an expanded collaboration with international partners on cross-border foreign exchange (FX) settlement using wholesale central bank digital currency (CBDC).  Ubin+ will focus on the following: As part of Ubin+, the following projects will be undertaken with international partners: 

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