JPMorgan Report Says CBDCs Can Save Banks $100B a Year in Cross-Border Costs

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JPMorgan Report Says CBDCs Can Save Banks $100B a Year in Cross-Border Costs

The report uses the ASEAN region and its corridors as an example, comprising Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam, which operates across a diverse set of 10 currencies and contributes 7% of global cross-border trade. www.coindesk.com



The report uses the ASEAN region and its corridors as an example, comprising Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam, which operates across a diverse set of 10 currencies and contributes 7% of global cross-border trade.



www.coindesk.com