JPMorgan: CBDCs Can Save Firms $100B a Year in Cross-Border Costs

Name: JPMorgan: CBDCs Can Save Firms $100B a Year in Cross-Border Costs
Uploaded: 2021-11-03T23:04:30Z
Duration: 5 min 354 s
Description: A new report by consulting firm Oliver Wyman and JPMorgan says a central bank digital currency (CBDC) network could save global corporations over $100 billion per year in transaction costs for cross-border payments. “The Hash” panel digs into the key takeaways and what they suggest about the potential benefits of CBDCs from a banking perspective.

Nov 3, 2021

A new report by consulting firm Oliver Wyman and JPMorgan says a central bank digital currency (CBDC) network could save global corporations over $100 billion per year in transaction costs for cross-border payments.

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