The Committee on Payments and Market Infrastructures, the BIS Innovation Hub, the International Monetary Fund (IMF) and the World Bank published a joint report on whether central bank digital currencies can facilitate access to fast and easily accessible cross-border and cross-currency payments.
The report, which was requested by the G20, concluded that cross-border and cross-currency payments can be facilitated on condition that countries cooperate on issues such as interoperability, regulations and which macrofinancial consequences might arise if countries introduce CBDCs.