International Settlement Banks: Cross-border use of digital bank funds still carries some risks.

According to the latest Central Bank Digital Currencies (CBDC) research data reported by the Company for Global Negotiations (BIS), most central banks have yet to cut interest rates when making the final decision on supply. by CBDC. While over 25% of the average bank has decided to sell available CBDCs to non-residents, almost 20% of everything is bad. On the other hand, only 8% of mid-sized banks decide to allow CBDC home retailers to go to other countries and regions. The report shows that the cross-border use of CBDCs remains risky. Although cross-border payments have become an important introduction for CBDCs, most central banks have expressed concern and have not clearly articulated their expectations for cross-border use. In addition to professional design, construction, etc., there are also risks for the cross-border use of CBDCs. On the one hand, the cross-border use of CBDCs could lead to “digital dollarization”. Authorizations for the use of foreign currencies CBDCs are subject to exchanges for domestic gains in the area of ​​contractual and financial transactions, and the adoption of stable international currencies or CBDCs in foreign currencies may entail internal risks, in particular in countries with low high interest rates. inflation available. .