BIS Says ‘Hub and Spoke’ Cross-Border Transfers Offer Benefits for Retail CBDC

The model explored in Project Icebreaker would offer retail users the best foreign-exchange rates and faster transactions while allowing central banks to keep almost total control of their currencies.

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The model explored in Project Icebreaker would offer retail users the best foreign-exchange rates and faster transactions while allowing central banks to keep almost total control of their currencies.

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