• Home
  • Login
  • Register
Currency Insider
  • Home
  • Reading Library
  • CBDC Think Tank
SUBSCRIBE
No Result
View All Result
Currency Insider
  • Home
  • Reading Library
  • CBDC Think Tank
Currency Insider
No Result
View All Result

Mastercard unveils central bank digital currencies testing platform

by CBDC Insider Staff
September 10, 2020
in Uncategorized
Reading Time: 1min read
0
Mastercard unveils central bank digital currencies testing platform
Share on FacebookShare on Twitter

RELATED STORIES

The Federal Reserve Should Drop FedNow And Any Plans To Launch A CBDC

The Federal Reserve Should Drop FedNow And Any Plans To Launch A CBDC

December 17, 2022
Bank of England seeks applications for £200K CBDC wallet prototype

Bank of England seeks applications for £200K CBDC wallet prototype

December 12, 2022

MASTERCARD announced September 9 the launch of a central bank digital currencies (CBDCs) testing platform to enable central banks to assess and explore national digital currencies. The platform enables the simulation of issuance, distribution and exchange of CBDCs between banks, financial service providers and consumers.
The testing tool comes as the global economy embraces digital payments and central banks investigate how to support innovation while maintaining monetary policy and financial stability as they issue and distribute currency.
According to a recent survey by the Bank for International Settlements, 80% of central banks surveyed are engaging in some form of CBDCs work, and about 40% of central banks have progressed from conceptual research to experimenting with concept and design.
To that end, central banks, commercial banks, and tech and advisory firms are invited to partner with the payments giant to assess CBDCs tech designs, validate use cases and evaluate interoperability with the existing payment rails currently available for consumers and businesses.

Continue read: https://www.theasset.com/treasury/41622/mastercard-unveils-central-bank-digital-currencies-testing-platform-

Previous Post

Japan accelerates rollout of a digital version of yen

Next Post

INTERNATIONAL India’s Central Bank Looks To Measure Digitization

Next Post
INTERNATIONAL India’s Central Bank Looks To Measure Digitization

INTERNATIONAL India’s Central Bank Looks To Measure Digitization

© 2022 CBDC Insider

No Result
View All Result
  • Home
  • Map
  • Reading Library
  • CBDC Think Tank
  • Partners
    • DEA
  • Login
  • Register