Tag: Project dunbar

Australian CBDC (eAUD): First CBDC to cross borders

The inaugral transaction occurred between crypto fund managers DigitalX and TAF Capital, who exchanged eAUD for a stablecoin called USDC. Australia played a...

Understanding Project Dunbar and its future CBDC possibilities

How would the world work with multiple CBDCs? One possible answer has been provided by the Bank for International Settlements in collaboration with four central banks that are working on CBDCs. It's code-named Project Dunbar and looks at cross-border CBDC transfers' feasibility.