Collaboration between BDF and HKMA Unlocks New CBDC Cross-border Opportunities

The HKMA will conduct joint tests with the BdF, under the second wave of the European Central Bank’s (ECB) Eurosystem exploratory work. The two institutions will delve into the study of interoperability between their wholesale CBDC infrastructure, i.e. the BDF’s DL3S2 and the HKMA’s Ensemble Sandbox3, with the main focus on real-time cross-border and cross-currency payments.

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