Central banks such as Japan and the United States will conduct international settlement experiments on digital currencies

Seven central banks, including Japan and the United States, as well as several private banks, will launch experiments using digital currencies for international settlement. Intended to achieve low-cost real-time settlement for trade payment transfers, etc. If based on experimental results, it is possible to make the settlement investment using Central Bank Digital Currency (CBDC) practical in the future, which may change the current cross-border settlement mechanism.