Australia, South Africa, Malaysia, And Singapore To Launch Mutual CBDC Pilot

Australia, South Africa, Malaysia, And Singapore To Launch Mutual CBDC Pilot

The collaborative project will test common DLT systems that will let organizations resolve cross-border payments utilizing CBDC. Singapore’s, Australia’s, South Africa’s, and Malaysia’s Central banks recently launched a collaborative project to test global payments using CBDC. The Operation Dunbar initiative will test…