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:
Project Dunbar: BIS Innovation Hub and central banks of Australia, Malaysia, Singapore and South Africa develop experimental multi-CBDC platform for international settlements
Global CBDC Challenge 2021 Report
MAS Announces Winners of the Global CBDC Challenge
Ravi Menon: Foundational infrastructures for an inclusive digital economy
Multi-CBDCs: Designing a digital currency stack for governability
Project Ubin: Central Bank Digital Money using Distributed Ledger Technology
