Multi-CBDC arrangement
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Central bank digital currencies (CBDC) - cross-border remittances.
(mCBDC or m-CBDC).
A multi-CBDC arrangement would be a joint agreement between countries to facilitate more efficient and lower-cost cross-border remittances, using CBDCs.
For example, the mBridge or "m-CBDC Bridge" project for collaboration initiated in 2021 between China, Thailand and the United Arab Emirates.
