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A CBDC is not a stablecoin - and not bitcoin eitherA central bank digital currency is a digital form of a country's own money, issued directly by its central bank. Many central banks are researching or piloting one, and the UAE has its own digital dirham project. The easy mistake is to lump CBDCs in with crypto. They share the digital format and little else. A CBDC is a direct liability of the central bank, with rules set by the issuer. A stablecoin is issued by a private company and backed by reserves it manages. Bitcoin has no issuer at all. Three different trust models - and knowing which one you hold tells you exactly who you are relying on. ๐Ÿ’ฌ Would you rather hold a CBDC, a stablecoin, or neither - and why? Binance Academy covers this in more depth: https://www.binance.com/en/academy/glossary/central-bank-digital-currency-cbdc Next lesson: Wrapped tokens: the same asset in a different jacket Trading crypto from Dubai since 2019. $USDT $BTC $SOL #CBDC #DigitalMoney #CryptoEducation

A CBDC is not a stablecoin - and not bitcoin either

A central bank digital currency is a digital form of a country's own money, issued directly by its central bank. Many central banks are researching or piloting one, and the UAE has its own digital dirham project.
The easy mistake is to lump CBDCs in with crypto. They share the digital format and little else. A CBDC is a direct liability of the central bank, with rules set by the issuer. A stablecoin is issued by a private company and backed by reserves it manages. Bitcoin has no issuer at all. Three different trust models - and knowing which one you hold tells you exactly who you are relying on.
๐Ÿ’ฌ Would you rather hold a CBDC, a stablecoin, or neither - and why?
Binance Academy covers this in more depth: https://www.binance.com/en/academy/glossary/central-bank-digital-currency-cbdc
Next lesson: Wrapped tokens: the same asset in a different jacket
Trading crypto from Dubai since 2019.
$USDT $BTC $SOL
#CBDC #DigitalMoney #CryptoEducation
#ECBToTestAIAgentsInDigitalEuroPayments BCE opens applications to test AI agents with the Digital Euro. What it is: exploration of AI-enabled payments, micropayments, and machine-to-machine interactions with a future digital euro. Timeline: - Applications: until 9 November 2026 - Experimentation: January to June 2027 - Workshops in Frankfurt: early 2027 The prototypes will cover e-receipts, conditional payments, and multi-party transactions, with a privacy focus from the design stage. This is separate from the main digital euro pilot, which starts in the second half of 2027 with 36 providers, including Deutsche Bank, Revolut, Stripe and Adyen. Any launch depends on EU legislation. First possible issuance in 2029. AI agents paying โ‚ฌ0.01 for data, APIs, or content. Agentic economy. Will CBDC + AI be the future? $OCEAN $FET $LINK #CBDC #CryptoNews {spot}(FETUSDT) {spot}(LINKUSDT)
#ECBToTestAIAgentsInDigitalEuroPayments

BCE opens applications to test AI agents with the Digital Euro.

What it is: exploration of AI-enabled payments, micropayments, and machine-to-machine interactions with a future digital euro.

Timeline:
- Applications: until 9 November 2026
- Experimentation: January to June 2027
- Workshops in Frankfurt: early 2027

The prototypes will cover e-receipts, conditional payments, and multi-party transactions, with a privacy focus from the design stage.

This is separate from the main digital euro pilot, which starts in the second half of 2027 with 36 providers, including Deutsche Bank, Revolut, Stripe and Adyen.

Any launch depends on EU legislation. First possible issuance in 2029.

AI agents paying โ‚ฌ0.01 for data, APIs, or content. Agentic economy.

Will CBDC + AI be the future?

$OCEAN $FET $LINK

#CBDC #CryptoNews
ุตู‚ุฑ ุตู†ุนุงุก:
ุฎุจุฑ ู‚ูˆูŠ ุฌุฏุง ู„ู„ุชุจู†ูŠ ๐Ÿ”ฅ ุฏุฎูˆู„ ูˆูƒู„ุงุก ุงู„ุฐูƒุงุก ุงู„ุงุตุทู†ุงุนูŠ ููŠ ู…ุฏููˆุนุงุช ุงู„ูŠูˆุฑูˆ ุงู„ุฑู‚ู…ูŠ ูŠูุชุญ ุจุงุจ ุงู‚ุชุตุงุฏ ุงู„ูˆูƒู„ุงุก ูˆุงู„ู…ุฏููˆุนุงุช ุงู„ู…ุดุฑูˆุทุฉ ูˆุงู„ู…ูŠูƒุฑูˆ. ุงู„ุฌุฏูˆู„ ุงู„ุฒู…ู†ูŠ ูˆุงุถุญ: ุชุฌุฑูŠุจ ุญุชู‰ ูŠูˆู†ูŠูˆ 2027 ูˆูˆุฑุด ููŠ ูุฑุงู†ูƒููˆุฑุช ุจุฏุงูŠุฉ 2027 ู…ุน Revolut ูˆ Stripe ูˆ Deutsche Bank. ู„ูˆ ู†ุฌุญ ุงู„ุงุฎุชุจุงุฑุŒ ุงุตุฏุงุฑ 2029 ุจูŠูƒูˆู† ู†ู‚ุทุฉ ุชุญูˆู„ ู„ู„ูƒุฑูŠุจุชูˆ ูˆุงู„ู…ุฏููˆุนุงุช ุงู„ุฑู‚ู…ูŠุฉ.
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The ECB has gone crazy! Itโ€™s exploring an AI agent + digital euro payment system, with a 2027 pilot planned. Are machine-to-machine automated payments coming? The era of central bank digital currency is closer than we think! #DigitalEuro #CBDC $EUR
The ECB has gone crazy! Itโ€™s exploring an AI agent + digital euro payment system, with a 2027 pilot planned. Are machine-to-machine automated payments coming? The era of central bank digital currency is closer than we think!

#DigitalEuro #CBDC $EUR
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๐Ÿ”ด Bearish ๐Ÿšจ China's Digital Yuan Expands Pilot to Major Cities Breaking news from the East! China is rapidly expanding its digital yuan pilot program to several Tier 1 cities, signaling a stronger push towards a cashless society. ๐Ÿ“Š Market Impact: Short-term bearish pressure on privacy coins and a general 'risk-off' sentiment as state-backed digital currencies gain traction. Traders are watching for central bank reactions. #CBDC #MarketNews
๐Ÿ”ด Bearish

๐Ÿšจ China's Digital Yuan Expands Pilot to Major Cities

Breaking news from the East! China is rapidly expanding its digital yuan pilot program to several Tier 1 cities, signaling a stronger push towards a cashless society.

๐Ÿ“Š Market Impact: Short-term bearish pressure on privacy coins and a general 'risk-off' sentiment as state-backed digital currencies gain traction. Traders are watching for central bank reactions.

#CBDC #MarketNews
Saudi Arabia is exiting mBridge According to the FT, Saudi Arabia is leaving the Chinese CBDC mBridge project. The race for digital currencies is becoming geopolitical. #CBDC #mBridge #NFAโœ…
Saudi Arabia is exiting mBridge
According to the FT, Saudi Arabia is leaving the Chinese CBDC mBridge project. The race for digital currencies is becoming geopolitical.
#CBDC #mBridge #NFAโœ…
๐Ÿ‡ช๐Ÿ‡บ ECB launches Pontes Pontes enables financial institutions to settle tokenized assets in central bank money, without private stablecoins. States are building their own token infrastructure. Competition for stables? #ECB #CBDC #Tokenization #NFA
๐Ÿ‡ช๐Ÿ‡บ ECB launches Pontes
Pontes enables financial institutions to settle tokenized assets in central bank money, without private stablecoins. States are building their own token infrastructure. Competition for stables?
#ECB #CBDC #Tokenization #NFA
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DIGITAL EURO: THE MONEY OF THE FUTURE OR THE NEW GREAT MONETARY EXPERIMENT?There is a silent transformation happening in the global financial system. While millions of people talk about Bitcoin, stablecoins, DeFi, and asset tokenization, central banks are developing another piece of the new monetary system: CBDCs, digital currencies issued directly by central banks. And Europe is moving forward with one of the most important projects: the digital euro. But there is a question that deserves much more attention: What would really change if some of the money we use today in cash could also exist as digital money issued by the central bank?

DIGITAL EURO: THE MONEY OF THE FUTURE OR THE NEW GREAT MONETARY EXPERIMENT?

There is a silent transformation happening in the global financial system.
While millions of people talk about Bitcoin, stablecoins, DeFi, and asset tokenization, central banks are developing another piece of the new monetary system: CBDCs, digital currencies issued directly by central banks.
And Europe is moving forward with one of the most important projects: the digital euro.
But there is a question that deserves much more attention:
What would really change if some of the money we use today in cash could also exist as digital money issued by the central bank?
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Canadaโ€™s top 6 banks are teaming up for a digital dollar network! RBC, TD, BMO and others exploring tokenized deposits, starting with interbank transfers. Traditional finance is finally going digital! #CBDC #Banking $CAD Canada's top 6 banks are teaming up for a digital dollar network! RBC, TD, BMO and others exploring tokenized deposits, starting with interbank transfers. Traditional finance is finally going digital! #CBDC #Banking $CAD
Canadaโ€™s top 6 banks are teaming up for a digital dollar network! RBC, TD, BMO and others exploring tokenized deposits, starting with interbank transfers. Traditional finance is finally going digital! #CBDC #Banking $CAD

Canada's top 6 banks are teaming up for a digital dollar network! RBC, TD, BMO and others exploring tokenized deposits, starting with interbank transfers. Traditional finance is finally going digital! #CBDC #Banking $CAD
Europe is making a massive leap into blockchain infrastructure. The ECB just rolled out its wholesale digital euro settlement system and is gearing up to purchase tokenized public bonds. This isn't just about testing; it's a foundational shift. Traditional finance is steadily building the rails for digital assets, proving that tokenization is the inevitable future of global debt markets. Watch how legacy banking adapts. $EUR #CryptoNews #Tokenization #CBDC
Europe is making a massive leap into blockchain infrastructure. The ECB just rolled out its wholesale digital euro settlement system and is gearing up to purchase tokenized public bonds. This isn't just about testing; it's a foundational shift. Traditional finance is steadily building the rails for digital assets, proving that tokenization is the inevitable future of global debt markets. Watch how legacy banking adapts. $EUR #CryptoNews #Tokenization #CBDC
Saudi Arabia's departure from the China-backed mBridge CBDC initiative highlights the escalating geopolitical friction surrounding digital currencies. As Washington increases its scrutiny over alternative payment systems, nations are caught balancing innovation with global alliances. This pivot could reshape how cross-border CBDC development unfolds, steering focus away from multilateral blocks and toward fractured regulatory landscapes. #CBDC #Geopolitics #CryptoNews
Saudi Arabia's departure from the China-backed mBridge CBDC initiative highlights the escalating geopolitical friction surrounding digital currencies. As Washington increases its scrutiny over alternative payment systems, nations are caught balancing innovation with global alliances. This pivot could reshape how cross-border CBDC development unfolds, steering focus away from multilateral blocks and toward fractured regulatory landscapes. #CBDC #Geopolitics #CryptoNews
Saudi Arabia withdraws from China-backed CBDC mBridge project - Financial Times: Saudi Arabia has left mBridge, a cross-border CBDC platform. - The project has drawn oversight from U.S. policymakers. - RSS has not stated the reason or timing for Saudi Arabia's withdrawal. #BinanceSquare #CryptoNews #CBDC #mBridge $btc $eth #vlikevn Titanbot Source: CoinTelegraph
Saudi Arabia withdraws from China-backed CBDC mBridge project

- Financial Times: Saudi Arabia has left mBridge, a cross-border CBDC platform.
- The project has drawn oversight from U.S. policymakers.
- RSS has not stated the reason or timing for Saudi Arabia's withdrawal.

#BinanceSquare #CryptoNews #CBDC #mBridge

$btc $eth

#vlikevn Titanbot

Source: CoinTelegraph
๐Ÿ” Saudi quietly withdrew from a group. After it was done, nobody said anything. On September 20, the Financial Times brought the matter to light. Saudi Arabiaโ€™s central bank (SAMA) is no longer listed as a member of mBridge. mBridge is a wholesale-type CBDC cross-border settlement channel jointly built by several central banks from China, Hong Kong, Thailand, and the UAE. It has recently been preparing to go commercial. Macau joined this year, and it has already been running since June. Saudi is bowing out. SAMAโ€™s response is that it was supposed to withdraw anyway. It joined in 2023 as an observer, became a full member in 2024, and participated in developing the minimum viable product. On May 13, 2025, it completed verificationโ€”then the effort ended. The original wording was: โ€œSuccessfully completed verification according to plan.โ€ Scale data doesnโ€™t leave much room for the โ€œtoy projectโ€ explanation. According to statistics from the Atlantic Council, mBridge had run a total of 4,047 transactions and $54.99 billion by November 2025. The figures for October 2022 were 160 transactions and $22 million. In just a little over three years, the number of transactions rose 25-fold, while the amount jumped 2,500-fold. On the platform in 2025, 95% of the volume is digital yuan. On the political pressure angle, nobody admits it. A source cited by the FT said that broad inference from SAMAโ€™s decision is โ€œinaccurate,โ€ because its level of involvement was already limited. Another person said SAMA simply didnโ€™t want to appear publicly again, but was still in private talks. The backdrop is there: Trump has warned that anyone who tries to create an alternative to the U.S. dollar in settlement would face a 100% tariff. Saudiโ€™s alternative move is worth watching more. Jeel, the innovation unit at Riyadh Bank, signed an agreement with Ripple this January to cover payment corridors, digital asset custody, and tokenization. It also plans to run verification in a regulatory sandbox. SAMA itself had already partnered with Ripple in 2018 on xCurrent. A Saudi/UK bank later used it for remittances to India. But neither Jeel nor SAMA mentioned XRP or RLUSDโ€”never a word. In official talking points, those two assets donโ€™t exist. My view is that central-bank-level bridges are afraid of politics, but the rails that commercial banks set up themselves arenโ€™t. In October 2024, the BIS described a โ€œgraduation exit.โ€ Saudi is now following suitโ€”on stage, only China, Hong Kong, Thailand, the UAE, and Macau remain. Prices donโ€™t care about this kind of news at all. While Iโ€™m writing this, five quote sources put BTC between 86,473 and 86,498, up 6.6% over 24 hours. ETH at 2,782, up 5.6%. This rally has nothing to do with Saudi. Watch two things. When mBridge officially goes live, whether the member countries list becomes shortened again. And when the Jeel sandbox verification produces results, which asset will be used for settlement. $BTC $ETH #ไธญๆœฌ่ชๅ›ฝ้™…็คพๅŒบBaoluoๅธๅ•†่ต„ๆœฌ #Bitcoin #CBDC
๐Ÿ” Saudi quietly withdrew from a group. After it was done, nobody said anything.

On September 20, the Financial Times brought the matter to light. Saudi Arabiaโ€™s central bank (SAMA) is no longer listed as a member of mBridge.

mBridge is a wholesale-type CBDC cross-border settlement channel jointly built by several central banks from China, Hong Kong, Thailand, and the UAE. It has recently been preparing to go commercial. Macau joined this year, and it has already been running since June. Saudi is bowing out.

SAMAโ€™s response is that it was supposed to withdraw anyway. It joined in 2023 as an observer, became a full member in 2024, and participated in developing the minimum viable product. On May 13, 2025, it completed verificationโ€”then the effort ended. The original wording was: โ€œSuccessfully completed verification according to plan.โ€

Scale data doesnโ€™t leave much room for the โ€œtoy projectโ€ explanation. According to statistics from the Atlantic Council, mBridge had run a total of 4,047 transactions and $54.99 billion by November 2025. The figures for October 2022 were 160 transactions and $22 million. In just a little over three years, the number of transactions rose 25-fold, while the amount jumped 2,500-fold. On the platform in 2025, 95% of the volume is digital yuan.

On the political pressure angle, nobody admits it. A source cited by the FT said that broad inference from SAMAโ€™s decision is โ€œinaccurate,โ€ because its level of involvement was already limited. Another person said SAMA simply didnโ€™t want to appear publicly again, but was still in private talks. The backdrop is there: Trump has warned that anyone who tries to create an alternative to the U.S. dollar in settlement would face a 100% tariff.

Saudiโ€™s alternative move is worth watching more. Jeel, the innovation unit at Riyadh Bank, signed an agreement with Ripple this January to cover payment corridors, digital asset custody, and tokenization. It also plans to run verification in a regulatory sandbox. SAMA itself had already partnered with Ripple in 2018 on xCurrent. A Saudi/UK bank later used it for remittances to India. But neither Jeel nor SAMA mentioned XRP or RLUSDโ€”never a word. In official talking points, those two assets donโ€™t exist.

My view is that central-bank-level bridges are afraid of politics, but the rails that commercial banks set up themselves arenโ€™t. In October 2024, the BIS described a โ€œgraduation exit.โ€ Saudi is now following suitโ€”on stage, only China, Hong Kong, Thailand, the UAE, and Macau remain.

Prices donโ€™t care about this kind of news at all. While Iโ€™m writing this, five quote sources put BTC between 86,473 and 86,498, up 6.6% over 24 hours. ETH at 2,782, up 5.6%. This rally has nothing to do with Saudi.

Watch two things. When mBridge officially goes live, whether the member countries list becomes shortened again. And when the Jeel sandbox verification produces results, which asset will be used for settlement.

$BTC $ETH

#ไธญๆœฌ่ชๅ›ฝ้™…็คพๅŒบBaoluoๅธๅ•†่ต„ๆœฌ #Bitcoin #CBDC
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๐Ÿšจ Not every piece of news about cryptocurrencies means an immediate move in the crypto marketโ€ฆ and Saudi Arabiaโ€™s exit from mBridge is a clear example. Saudi Arabiaโ€™s central bank has concluded its participation in the mBridge project after completing the proof-of-concept phase on May 13, 2025, confirming that the step was in line with the original plan for involvement. The project tests the use of central bank digital currencies and distributed ledger technology to speed up payments and cross-border settlements. As for the crypto market, the direct impact on liquidity or coin prices appears limited; we are talking about institutional infrastructure for CBDCs, not fresh flows into crypto assets. But the news opens a bigger discussion: does the slowdown in a country the size of Saudi Arabia participating in a project like this indicate caution toward new digital payment systems, or is it simply the end of a specific experiment without any change in the direction toward digitization? ๐ŸŒ ๐Ÿ“Š The smart trader doesnโ€™t chase the price based on the headline alone; they watch whether the news will actually translate into changes in trading volumes or in the narrative surrounding digital payments projects. What do you think: is Saudi Arabiaโ€™s exit from mBridge an important signal for the future of central bank digital currencies, or will the market treat it as just a limited-impact technical event? #mBridge #CBDC #Crypto $BTC {spot}(BTCUSDT)
๐Ÿšจ Not every piece of news about cryptocurrencies means an immediate move in the crypto marketโ€ฆ and Saudi Arabiaโ€™s exit from mBridge is a clear example.

Saudi Arabiaโ€™s central bank has concluded its participation in the mBridge project after completing the proof-of-concept phase on May 13, 2025, confirming that the step was in line with the original plan for involvement.

The project tests the use of central bank digital currencies and distributed ledger technology to speed up payments and cross-border settlements.

As for the crypto market, the direct impact on liquidity or coin prices appears limited; we are talking about institutional infrastructure for CBDCs, not fresh flows into crypto assets.

But the news opens a bigger discussion: does the slowdown in a country the size of Saudi Arabia participating in a project like this indicate caution toward new digital payment systems, or is it simply the end of a specific experiment without any change in the direction toward digitization? ๐ŸŒ

๐Ÿ“Š The smart trader doesnโ€™t chase the price based on the headline alone; they watch whether the news will actually translate into changes in trading volumes or in the narrative surrounding digital payments projects.

What do you think: is Saudi Arabiaโ€™s exit from mBridge an important signal for the future of central bank digital currencies, or will the market treat it as just a limited-impact technical event?
#mBridge #CBDC #Crypto
$BTC
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The ECB Is Doing Something Big! Itโ€™s directly using its own funds to buy tokenized bonds, and itโ€™s also connecting the traditional payment system with blockchain-based financial markets. Central bank bigwigs are finally starting to embrace blockchainโ€”this is absolutely a historic step! #CBDC #DeFi $CBDC $STBL Big news from the ECB! The central bank is now buying tokenized bonds with its own funds and linking its payment system to blockchain-based markets. This is huge validation for the crypto space! #CBDC #DeFi $CBDC $STBL
The ECB Is Doing Something Big! Itโ€™s directly using its own funds to buy tokenized bonds, and itโ€™s also connecting the traditional payment system with blockchain-based financial markets. Central bank bigwigs are finally starting to embrace blockchainโ€”this is absolutely a historic step! #CBDC #DeFi $CBDC $STBL

Big news from the ECB! The central bank is now buying tokenized bonds with its own funds and linking its payment system to blockchain-based markets. This is huge validation for the crypto space! #CBDC #DeFi $CBDC $STBL
On Monday, the European Central Bank (ECB) officially launched โ€œPontes,โ€ an interbank tokenized settlement system, marking the first formal connection of the wholesale digital euro to institutional financial markets. The platform is directly led and operated by the ECB, enabling licensed banks to use central bank money to conduct final settlement of tokenized assets traded on a private distributed ledger technology (DLT). Meanwhile, the retail digital euro for individuals and merchants is also being accelerated. The ECBโ€™s core intent is clear: to establish the status of an official settlement asset amid the wave of tokenized finance, to hedge against the risks of dollar stablecoinsโ€™ penetration into Europeโ€™s digital economy, and to defend monetary sovereignty in the euro area. From the perspective of the evolution of institutional infrastructure, the significance of this rollout is extraordinary. Traditional financial settlement relies on multiple layers of intermediaries, with long clearing cycles and high friction costs, whereas the launch of the โ€œPontesโ€ platform directly removes the barriers between central bank legal liquidity and on-chain ledgers. ECB economists have emphasized that if dollar-denominated private stablecoins are allowed to dominate on-chain clearing, the ECB would face the risk of monetary-policy transmission failing. By stepping in to build the underlying tokenized settlement network itself, the worldโ€™s leading central banks have moved from early theoretical research on โ€œblockchain/tokenization technologyโ€ to architecture-level deployment on a mainnet. At the macro-financial level, the launch of the wholesale digital euro will greatly enhance the tokenized issuance and instant settlement efficiency of European bond markets and large-scale assets. As tokenization of assets in traditional capital markets (RWA) enters a substantive execution phase, European capital that had previously been stuck in traditional liquidity pools will gain faster on-chain circulation channels. This not only reinforces the settlement role of the euro, but also sets a clear paradigm for the coexistence and competition of global sovereign-credit money within on-chain ecosystems, which in the long run can help reduce systemic frictions across different currenciesโ€™ settlement. For the broader crypto market, this is undoubtedly a major long-term structural positive. The routine operation of central-bank-level tokenization infrastructure is, in essence, the highest-tier endorsement of the security of distributed ledger technology, completely eliminating regulatory and technical concerns for large traditional institutions moving into the Web3 ecosystem. With institutional-grade on-chain liquidity pathways fully opened, $BTC , along with major crypto assets as the most liquid on-chain native assets, is expected to capture broader incremental institutional allocations within a more mature tokenized-finance framework, and the valuation center of risk assets as a whole may be poised to rise further.๐Ÿ“Š #ECB #DigitalEuro #CBDC
On Monday, the European Central Bank (ECB) officially launched โ€œPontes,โ€ an interbank tokenized settlement system, marking the first formal connection of the wholesale digital euro to institutional financial markets. The platform is directly led and operated by the ECB, enabling licensed banks to use central bank money to conduct final settlement of tokenized assets traded on a private distributed ledger technology (DLT). Meanwhile, the retail digital euro for individuals and merchants is also being accelerated.

The ECBโ€™s core intent is clear: to establish the status of an official settlement asset amid the wave of tokenized finance, to hedge against the risks of dollar stablecoinsโ€™ penetration into Europeโ€™s digital economy, and to defend monetary sovereignty in the euro area.

From the perspective of the evolution of institutional infrastructure, the significance of this rollout is extraordinary. Traditional financial settlement relies on multiple layers of intermediaries, with long clearing cycles and high friction costs, whereas the launch of the โ€œPontesโ€ platform directly removes the barriers between central bank legal liquidity and on-chain ledgers. ECB economists have emphasized that if dollar-denominated private stablecoins are allowed to dominate on-chain clearing, the ECB would face the risk of monetary-policy transmission failing. By stepping in to build the underlying tokenized settlement network itself, the worldโ€™s leading central banks have moved from early theoretical research on โ€œblockchain/tokenization technologyโ€ to architecture-level deployment on a mainnet.

At the macro-financial level, the launch of the wholesale digital euro will greatly enhance the tokenized issuance and instant settlement efficiency of European bond markets and large-scale assets. As tokenization of assets in traditional capital markets (RWA) enters a substantive execution phase, European capital that had previously been stuck in traditional liquidity pools will gain faster on-chain circulation channels. This not only reinforces the settlement role of the euro, but also sets a clear paradigm for the coexistence and competition of global sovereign-credit money within on-chain ecosystems, which in the long run can help reduce systemic frictions across different currenciesโ€™ settlement.

For the broader crypto market, this is undoubtedly a major long-term structural positive. The routine operation of central-bank-level tokenization infrastructure is, in essence, the highest-tier endorsement of the security of distributed ledger technology, completely eliminating regulatory and technical concerns for large traditional institutions moving into the Web3 ecosystem. With institutional-grade on-chain liquidity pathways fully opened, $BTC , along with major crypto assets as the most liquid on-chain native assets, is expected to capture broader incremental institutional allocations within a more mature tokenized-finance framework, and the valuation center of risk assets as a whole may be poised to rise further.๐Ÿ“Š

#ECB #DigitalEuro #CBDC
ใ€ŠFinancial Timesใ€‹: Saudi Arabia has withdrawn from a China-led cross-border central bank digital currency platform, and the Middle East's effort to de-dollarize faces setbacks September 21 report: According to the Financial Times, the Saudi Central Bank withdrew last year from a China-led cross-border central bank digital currency (CBDC) platform project, the multi-CBDC bridge (mBridge). The project aimed to build an international payment system to replace the U.S. dollar, and was an important initiative by Beijing to diversify the international financial system. This change represents a substantive setback to Beijingโ€™s efforts to build a system that would replace the U.S. dollar. The report says that the Saudi Central Bankโ€™s exit occurred last year. The mBridge project was originally seen as a key part of Chinaโ€™s push to de-dollarize cross-border payments and to establish an alternative international settlement network. Saudi Arabiaโ€™s departure means that this experimental platform, intended to bypass the traditional U.S. dollar clearing system, has encountered major obstacles in attracting participation from key oil-producing countries. The report also sparked heated debate on social media. Noted cryptocurrency commentator Kathleen Tyson said bluntly that Saudi Arabia had already exited this โ€œfailed messโ€ in 2025, and clearly pointed out that the projectโ€™s lead party was Hong Kong, not Beijing. Tyson also revealed that she had warned the mBridge team as far back as four years ago about serious architectural design problems, and that after six years of development, the projectโ€™s total payment and settlement volume was only $55 billion, far from its grand goals. Overall, Saudi Arabiaโ€™s withdrawal, along with industry doubts about the mBridge projectโ€™s slow progress, together reveal a reality: although de-dollarization is drawing attention from many countries, the deployment of cross-border CBDC platforms still faces multiple tests in terms of technology, governance, and commercial sustainability. #CBDC
ใ€ŠFinancial Timesใ€‹: Saudi Arabia has withdrawn from a China-led cross-border central bank digital currency platform, and the Middle East's effort to de-dollarize faces setbacks

September 21 report: According to the Financial Times, the Saudi Central Bank withdrew last year from a China-led cross-border central bank digital currency (CBDC) platform project, the multi-CBDC bridge (mBridge).

The project aimed to build an international payment system to replace the U.S. dollar, and was an important initiative by Beijing to diversify the international financial system. This change represents a substantive setback to Beijingโ€™s efforts to build a system that would replace the U.S. dollar.

The report says that the Saudi Central Bankโ€™s exit occurred last year. The mBridge project was originally seen as a key part of Chinaโ€™s push to de-dollarize cross-border payments and to establish an alternative international settlement network.

Saudi Arabiaโ€™s departure means that this experimental platform, intended to bypass the traditional U.S. dollar clearing system, has encountered major obstacles in attracting participation from key oil-producing countries.

The report also sparked heated debate on social media. Noted cryptocurrency commentator Kathleen Tyson said bluntly that Saudi Arabia had already exited this โ€œfailed messโ€ in 2025, and clearly pointed out that the projectโ€™s lead party was Hong Kong, not Beijing.

Tyson also revealed that she had warned the mBridge team as far back as four years ago about serious architectural design problems, and that after six years of development, the projectโ€™s total payment and settlement volume was only $55 billion, far from its grand goals.

Overall, Saudi Arabiaโ€™s withdrawal, along with industry doubts about the mBridge projectโ€™s slow progress, together reveal a reality: although de-dollarization is drawing attention from many countries, the deployment of cross-border CBDC platforms still faces multiple tests in terms of technology, governance, and commercial sustainability.

#CBDC
Scanned ChainCatcher (Financial Times): Saudi Arabia withdrew from Beijing-led cross-border digital currency project mBridgeโ€”this was a plan to use blockchain so that each country's central banks could settle directly using their own digital currencies, shortening foreign-exchange routes and reducing the U.S. dollar's intermediary role. The report says the platform is nearing commercialization, and there has been substantial controversy in the U.S.: outsiders worry that participating parties may use it to bypass traditional cross-border payments dominated by the U.S. dollar (such as Swift). In June 2024, the Saudi Central Bank joined the project with a wholesale CBDC verification effort, and said that on May 13, 2025, it had completed a concept proof; after that, it was no longer a formal member. With one major Gulf participant missing, can the CBDC cross-border bridge still take shape? Beyond the technology, geopolitical tensions and the strain within the U.S. dollar system have always been there.#CBDC #Cross-border payments
Scanned ChainCatcher (Financial Times): Saudi Arabia withdrew from Beijing-led cross-border digital currency project mBridgeโ€”this was a plan to use blockchain so that each country's central banks could settle directly using their own digital currencies, shortening foreign-exchange routes and reducing the U.S. dollar's intermediary role.

The report says the platform is nearing commercialization, and there has been substantial controversy in the U.S.: outsiders worry that participating parties may use it to bypass traditional cross-border payments dominated by the U.S. dollar (such as Swift). In June 2024, the Saudi Central Bank joined the project with a wholesale CBDC verification effort, and said that on May 13, 2025, it had completed a concept proof; after that, it was no longer a formal member.

With one major Gulf participant missing, can the CBDC cross-border bridge still take shape? Beyond the technology, geopolitical tensions and the strain within the U.S. dollar system have always been there.#CBDC #Cross-border payments
ยท
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Bullish
#hkmaplanswholesalecbdcbyyearend ๐Ÿšจ HONG KONG COULD TAKE CBDCs TO THE NEXT LEVEL! ๐Ÿ‡ญ๐Ÿ‡ฐ๐Ÿ”ฅ Hong Kong plans to move toward wholesale CBDC use by year-end, putting digital currency infrastructure back in the spotlight. ๐Ÿ’ฐ Why this matters: โ€ข Wholesale CBDCs can improve institutional settlement โ€ข Faster and more efficient transactions could become possible โ€ข It could strengthen Hong Kongโ€™s role in digital-asset innovation โ€ข More government-backed digital currency infrastructure may increase attention toward the crypto sector This is another major signal that blockchain-based financial infrastructure is moving closer to traditional markets. ๐Ÿ‘€ The big question: Could Hong Kongโ€™s CBDC push accelerate wider institutional adoption of digital assets? Watch this space closely. ๐Ÿš€ DYOR before taking any trade. #hkmaplanswholesalecbdcbyyearend #CBDC #crypto
#hkmaplanswholesalecbdcbyyearend
๐Ÿšจ HONG KONG COULD TAKE CBDCs TO THE NEXT LEVEL! ๐Ÿ‡ญ๐Ÿ‡ฐ๐Ÿ”ฅ
Hong Kong plans to move toward wholesale CBDC use by year-end, putting digital currency infrastructure back in the spotlight.
๐Ÿ’ฐ Why this matters:
โ€ข Wholesale CBDCs can improve institutional settlement
โ€ข Faster and more efficient transactions could become possible
โ€ข It could strengthen Hong Kongโ€™s role in digital-asset innovation
โ€ข More government-backed digital currency infrastructure may increase attention toward the crypto sector
This is another major signal that blockchain-based financial infrastructure is moving closer to traditional markets. ๐Ÿ‘€
The big question: Could Hong Kongโ€™s CBDC push accelerate wider institutional adoption of digital assets?
Watch this space closely. ๐Ÿš€
DYOR before taking any trade.
#hkmaplanswholesalecbdcbyyearend #CBDC #crypto
#HKMAPlansWholesaleCBDCByYearEnd ๐Ÿ‡ญ๐Ÿ‡ฐ BREAKING: The Hong Kong government has laid out a sweeping roadmap to bring financial markets onchain, including HK$1.3T in Exchange Fund Bills, tokenized funds, stablecoin settlement and 24/7 CBDC infrastructure. Its new 117-page Policy Address includes: โ€ข Testing tokenization of more than HK$1.3T in Exchange Fund Bills for round-the-clock use by banks โ€ข Regularizing digital bond issuance, including settlement with digital currencies โ€ข Launching a CMU OmniClear digital-asset platform for digital bond issuance and settlement โ€ข Introducing wholesale e-HKD for after-hours derivatives trading, with real-value transactions targeted this year โ€ข Enabling tokenized gold and other real-world assets on licensed platforms โ€ข Promoting regulated stablecoins for settlement of tokenized money-market funds โ€ข Implementing CBDC settlement and 24/7 operations under EnsembleTX by around year-end โ€ข Expanding tokenized-deposit use cases โ€ข Building an HKEX blockchain-backed, multi-asset tokenization platform for carbon credits and commodity warehouse receipts Hong Kong also says digital bonds issued there captured nearly 50% of the global market between 2025 and the first half of 2026. This is one of the broadest government-backed tokenization roadmaps yet from a major financial center. #CBDC
#HKMAPlansWholesaleCBDCByYearEnd
๐Ÿ‡ญ๐Ÿ‡ฐ BREAKING: The Hong Kong government has laid out a sweeping roadmap to bring financial markets onchain, including HK$1.3T in Exchange Fund Bills, tokenized funds, stablecoin settlement and 24/7 CBDC infrastructure.

Its new 117-page Policy Address includes:

โ€ข Testing tokenization of more than HK$1.3T in Exchange Fund Bills for round-the-clock use by banks

โ€ข Regularizing digital bond issuance, including settlement with digital currencies

โ€ข Launching a CMU OmniClear digital-asset platform for digital bond issuance and settlement

โ€ข Introducing wholesale e-HKD for after-hours derivatives trading, with real-value transactions targeted this year

โ€ข Enabling tokenized gold and other real-world assets on licensed platforms

โ€ข Promoting regulated stablecoins for settlement of tokenized money-market funds

โ€ข Implementing CBDC settlement and 24/7 operations under EnsembleTX by around year-end

โ€ข Expanding tokenized-deposit use cases

โ€ข Building an HKEX blockchain-backed, multi-asset tokenization platform for carbon credits and commodity warehouse receipts

Hong Kong also says digital bonds issued there captured nearly 50% of the global market between 2025 and the first half of 2026.

This is one of the broadest government-backed tokenization roadmaps yet from a major financial center.
#CBDC
#HKMAPlansWholesaleCBDCByYearEnd ๐Ÿšจ Hong Kong to enable institutional crypto settlement 24/7 ๐Ÿฆ๐Ÿ”ฅ Hong Kong is taking encrypted funding to the next phase. The Hong Kong Monetary Authority (HKMA) says its EnsembleTX project will run throughout 2026, and the testing environment will be enhanced to support 24/7 settlement using the central bankโ€™s encrypted funds. โšก Why this matters: ๐Ÿฆ CBDC transaction settlement โฑ๏ธ The ability to settle 24/7 ๐Ÿ”— Tokenized deposits + tokenized assets ๐ŸŒ Stronger infrastructure for traditional finance (TradFi) + blockchain ๐Ÿ“ˆ More momentum behind tokenizing real-world assets (RWA) This is not a consumer CBDC story. Itโ€™s about institutional financial infrastructure. And if tokenized assets can be settled around the clock, the picture gets bigger and clearer: Traditional finance moves deeper into blockchain rails. ๐Ÿ‘€ Watch the RWA + DeFi space closely. ๐Ÿ”ฅ Will 24/7 institutional settlement be the next main catalyst for tokenization? Please follow for updates $G $UNI $NEAR #CBDC #UNI #Near #Grok
#HKMAPlansWholesaleCBDCByYearEnd
๐Ÿšจ Hong Kong to enable institutional crypto settlement 24/7 ๐Ÿฆ๐Ÿ”ฅ
Hong Kong is taking encrypted funding to the next phase.
The Hong Kong Monetary Authority (HKMA) says its EnsembleTX project will run throughout 2026, and the testing environment will be enhanced to support 24/7 settlement using the central bankโ€™s encrypted funds.
โšก Why this matters:
๐Ÿฆ CBDC transaction settlement
โฑ๏ธ The ability to settle 24/7
๐Ÿ”— Tokenized deposits + tokenized assets
๐ŸŒ Stronger infrastructure for traditional finance (TradFi) + blockchain
๐Ÿ“ˆ More momentum behind tokenizing real-world assets (RWA)
This is not a consumer CBDC story. Itโ€™s about institutional financial infrastructure.
And if tokenized assets can be settled around the clock, the picture gets bigger and clearer:
Traditional finance moves deeper into blockchain rails. ๐Ÿ‘€
Watch the RWA + DeFi space closely.
๐Ÿ”ฅ Will 24/7 institutional settlement be the next main catalyst for tokenization?

Please follow for updates

$G $UNI $NEAR
#CBDC #UNI #Near #Grok
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