Mastercard Announces Successful Wrapped CBDC Trial in Partnership with Reserve Bank of Australia

Mastercard has announced a successful demonstration of an innovative solution that enables the wrapping of Central Bank Digital Currencies (CBDCs) on various blockchain networks. This solution emerged from a collaboration between Mastercard, Cuscal, and Mintable as part of a research project conducted with the Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC)....