Mastercard Launches Virtual Platform to Help Governments Test CBDCs
10/09/2020 - 11:07
Per the announcement, the Mastercard virtual testing platform is an innovative virtual and custom testing platform that will allow central banks to evaluate use cases and test roll-out strategies for CBDCs by simulating a CBDC ecosystem. As the announcement detailed, the platform will enable the simulation of issuance, distribution, and exchange of CBDCs between banks, financial service providers, as well as consumers.
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