Global payments company Mastercard (NYSE: MA) derived a solution wherein central bank digital currency (CBDC) will be allowed to be tokenized on different blockchains. This will expand the available payment options for consumers.
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The solution is part of a digital currency project adopted by the Reserve Bank of Australia (RBA). The process involves the required amount of the pilot CBDC to get locked on the RBA's pilot CBDC platform. Thereafter, an equal amount ...