CBDC

NY Fed settles cross-border FX spot trades in 10 seconds using CBDC

Federal Reserve

NY Fed settles cross-border FX spot trades in 10 seconds using CBDC

The Federal Reserve Bank of New York settled cross-border FX spot trades in under 10 seconds using distributed ledger technology (DLT) under tests as part of its “Project Cedar” it revealed today. Critically, the trades were conducted across a "multi-ledger ecosystem" it added. The New York Fed conducted...

The Stack November 04, 2022

BIS touts digital currencies for future monetary system

BIS touts digital currencies for future monetary system

Central Bank Digital Currencies support innovation, "seamless" cross-border activity

The Stack June 22, 2022

Boston Fed, MIT open-source their Central Bank Digital Currency software

central bank digital currency

Boston Fed, MIT open-source their Central Bank Digital Currency software

Project Hamilton stores funds as opaque 32 byte hashes inside an Unspent funds Hash Set, or UHS

Edward Targett February 07, 2022