China's central bank and the issuer of the digital yuan.

The postwar habit of invoicing oil in dollars, the backdrop for petroyuan and de-dollarization talk.

The idea of invoicing oil in yuan instead of dollars. A geopolitical narrative more than a single product.

Brazil's instant-payment system, often cited in BRICS and CBDC conversations as a public rail.

A BIS-led exploration of cross-border payments using tokenized commercial-bank deposits and central-bank money on a shared programmable platform.

A BIS Innovation Hub experiment on a shared platform for cross-border settlement using multiple central-bank digital currencies.

A multi-CBDC cross-border payment project developed with central-bank partners; the BIS announced its handover to those partners in October 2024.