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A vast majority of discussion about CBDC is about retail CBDC. Interbank and internation transactions are already digital. The Fed already has wholesale digita
by anm89 5y ago
A vast majority of discussion about CBDC is about retail CBDC.
Interbank and internation transactions are already digital. The Fed already has wholesale digital liabilities
- baby 5y agoThat's not true, and the point of a CBDC is not just that it's digital but that you easily join and use the network. Today interbanking is a mess.
- toomuchtodo 5y agoInterbanking is as mess, but the standard everyone is settling on is ISO 20022 messages and the plumbing will slowly be refactored for pushing these messages around. https://www.iso20022.org/iso-20022 https://www.iso20022.org/iso-20022