https://wiki.treasurers.org/w/index.php?action=history&feed=atom&title=Hub-and-spoke 2026-08-14T02:02:31Z Revision history for this page on the wiki MediaWiki 1.40.0 https://wiki.treasurers.org/w/index.php?title=Hub-and-spoke&diff=25003&oldid=prev 2023-03-18T12:20:48Z

<p>Expand link title.</p> <table style="background-color: #fff; color: #202122;" data-mw="interface"> <col class="diff-marker" /> <col class="diff-content" /> <col class="diff-marker" /> <col class="diff-content" /> <tr class="diff-title" lang="en-GB"> <td colspan="2" style="background-color: #fff; color: #202122; text-align: center;">← Older revision</td> <td colspan="2" style="background-color: #fff; color: #202122; text-align: center;">Revision as of 12:20, 18 March 2023</td> </tr><tr><td colspan="2" class="diff-lineno" id="mw-diff-left-l41">Line 41:</td> <td colspan="2" class="diff-lineno">Line 41:</td></tr> <tr><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>==Other resources==</div></td><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>==Other resources==</div></td></tr> <tr><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>* [https://www.bis.org/about/bisih/topics/cbdc/icebreaker.htm Project Icebreaker concludes experiment for a new architecture for cross-border retail CBDCs]</div></td><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>* [https://www.bis.org/about/bisih/topics/cbdc/icebreaker.htm Project Icebreaker concludes experiment for a new architecture for cross-border retail CBDCs]</div></td></tr> <tr><td class="diff-marker" data-marker="−"></td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;"><div>* [https://www.bis.org/publ/othp61.pdf Report - Icebreaker - Breaking new paths in cross-border retail CBDC payments - March 2023]</div></td><td class="diff-marker" data-marker="+"></td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;"><div>* [https://www.bis.org/publ/othp61.pdf <ins style="font-weight: bold; text-decoration: none;">BIS </ins>Report - Icebreaker - Breaking new paths in cross-border retail CBDC payments - March 2023]</div></td></tr> <tr><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><br/></td><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><br/></td></tr> <tr><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>[[Category:Accounting,_tax_and_regulation]]</div></td><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>[[Category:Accounting,_tax_and_regulation]]</div></td></tr> <!-- diff cache key acta01_wikiprod:diff::1.12:old-25002:rev-25003 --> </table>

imported>Doug Williamson https://wiki.treasurers.org/w/index.php?title=Hub-and-spoke&diff=25002&oldid=prev 2023-03-18T12:20:03Z

<p>Create page - source - BIS - https://www.bis.org/about/bisih/topics/cbdc/icebreaker.htm</p> <p><b>New page</b></p><div>''Central bank digital currencies (CBDC) - Bank for International Settlements (BIS) - cross-border transactions.''<br /> <br /> Hub-and-spoke is an approach to cross-border CBDC transactions in which domestic retail CBDCs do not leave their own systems.<br /> <br /> Instead, the cross-border transaction is broken down into two domestic payments, facilitated by a foreign exchange provider active in both domestic systems. <br /> <br /> <br /> :&lt;span style=&quot;color:#4B0082&quot;&gt;'''''Hub-and-spoke could reduce settlement and counterparty risk'''''&lt;/span&gt;<br /> <br /> :&quot;As detailed in the report, Project Icebreaker sets out to explore a specific way to interlink domestic systems (a so-called hub-and-spoke solution). <br /> <br /> :A cross-border transaction is broken down into two domestic payments, facilitated by a foreign exchange provider active in both domestic systems. <br /> <br /> :Therefore, retail CBDCs never need to leave their own systems... <br /> <br /> <br /> :The project also demonstrated that the hub-and-spoke model can reduce settlement and counterparty risk by using coordinated payments in central bank money; and complete cross-border transactions within seconds. <br /> <br /> :For countries considering the development of a domestic CBDC, the project provides a model for extending them and innovative services into cross-border transactions.&quot;<br /> <br /> :''Bank for International Settlements - March 2023.''<br /> <br /> <br /> == See also ==<br /> * [[Bank for International Settlements]] (BIS)<br /> * [[Central bank digital currency]] (CBDC)<br /> * [[Counterparty risk]]<br /> <br /> * [[Digital currency]]<br /> * [[Fiat currency]]<br /> * [[Foreign exchange]]<br /> * [[Hub]]<br /> * [[Multi-CBDC arrangement]]<br /> * [[Project Icebreaker]]<br /> * [[Retail central bank digital currency]] (rCBDC)<br /> * [[Sand Dollar]]<br /> * [[Settlement risk]]<br /> * [[Wholesale central bank digital currency]] (wCBDC)<br /> <br /> <br /> ==Other resources==<br /> * [https://www.bis.org/about/bisih/topics/cbdc/icebreaker.htm Project Icebreaker concludes experiment for a new architecture for cross-border retail CBDCs]<br /> * [https://www.bis.org/publ/othp61.pdf Report - Icebreaker - Breaking new paths in cross-border retail CBDC payments - March 2023]<br /> <br /> [[Category:Accounting,_tax_and_regulation]]<br /> [[Category:The_business_context]]<br /> [[Category:Identify_and_assess_risks]]<br /> [[Category:Manage_risks]]<br /> [[Category:Risk_frameworks]]<br /> [[Category:Risk_reporting]]<br /> [[Category:Financial_products_and_markets]]<br /> [[Category:Technology]]</div>

imported>Doug Williamson