CBDCs could cut cross border remittance costs by half: BIS report Post author:MiamiCrypto Post published:September 28, 2021 Post category:BIS / CBDC / central bank digital currency The BIS report based on a multi-CBDC pilot also showed significant improvements in international remittance speed. You Might Also Like Russia to begin work on CBDC settlement system in Q1 as sanctions endure: Report January 10, 2023 Georgia to Pilot Digital Currency in Retail Commerce Next Year October 8, 2021 ECB Paper Marks Success Factors for CBDCs, Digital Euro December 4, 2021