Project Mbridge Reaches Milestone: First Digital Dirham Cross-Border Settlement Goes Through

Project Mbridge Reaches Milestone: First Digital Dirham Cross-Border Settlement Goes Through

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The first cross-border digital dirham payment was completed by Sheikh Mansour Bin Zayed Al Nahyan, Chairman of the Board of the Central Bank of the UAE, using the Mbridge platform, a central bank digital currency (CBDC) liquidity and interconnection tool. The settlement involved sending 50 million…

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