CBDC Global Interoperability Models
Building globally interoperable CBDCs will solve pertinent existing issues in the transfer of international payments, but multiple models are currently being tested and significant development needs to be completed before a consensus emerges.
More from Foreign Policy

Chinese Hospitals Are Housing Another Deadly Outbreak
Authorities are covering up the spread of antibiotic-resistant pneumonia.

Henry Kissinger, Colossus on the World Stage
The late statesman was a master of realpolitik—whom some regarded as a war criminal.

The West’s False Choice in Ukraine
The crossroads is not between war and compromise, but between victory and defeat.

The Masterminds
Washington wants to get tough on China, and the leaders of the House China Committee are in the driver’s seat.