Fed policy tightening will keep clamps on US banks’ credit; change may be afoot in global payments
Moody's Talks - Focus on Finance
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The Cross-Border CPDC Project Enbridge
There are many cross-border CPDC projects, but the largest to date is Project Enbridge. It's a collaboration between the Bank of Foreign International Settlements and central banks in China, Thailand, Hong Kong, S.A.R., China, and the United Arab Emirates. The project enabled the settlement of actual corporate transactions. This is the only project to date that has done that.
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