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Central bank digital currencies for cross-border payments

Central bank digital currencies for cross-border paymentsJuly 2021 Report to the G20 This publication is available on the BIS website ( ). Bank for International Settlements 2021. All rights reserved. Brief excerpts may be reproduced or translated provided the source is stated. ISBN 978-92-9259-476-3 (online) Central bank digital currencies for cross-border payments i Contents Executive Summary .. 1 Introduction .. 2 1. Domestic CBDC designs and cross-border considerations: a primer .. 4 Improving cross-border payments efficiency is an important motivation for CBDC work.

Central bank digital currencies for cross-border payments 3 extent they could be used for cros s-border payments (see Section 2) 5, and (ii) the IMF in cooperation with other relevant stakeholders, to analyse international macro-financial implications of cross-border CBDC

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