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cross-border transactions

Coverage of cross-border transactions in the Nexus archive.

Earliest in view: Jul 22 · 06:00 UTCMost recent: Jul 22 · 06:00 UTC
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  • BUSINESSJul 22 · 06:00 UTCSCMP WORLD
    China-dominated central bank digital currency platform touts largest transactions to date

    A Chinese bank processed over $1.7 billion in cross-border transactions via mBridge, a multilateral CBDC platform, highlighting its capability for high-value settlements and advancing Beijing's yuan globalization goals. The transactions were conducted by the Bank of China's Shenzhen and Fujian branches in June and July.

cross-border transactions · Dossier · The Nexus