Bahamas launched the world's first CBDC, the Sand Dollar, in 2020. It offers accessibility, flexibility, and serves as a record for financial transactions.
Nigeria launches eNaira, its official CBDC, as a digital form of the naira. It serves as legal tender, stored in an eNaira wallet for transactions.
China's digital yuan, the e-CNY, gained traction with over 100 billion yuan ($13.9 billion) in transactions and a successful pilot at the Beijing Winter Olympics.
US developing wholesale digital currency for faster interbank transfers, with plans for a pilot project in the near future.
Jamaica legalizes CBDC "Jam-Dex" as an alternative to cash, with pilot testing since 2021.
UAE completes world's largest CBDC pilot project with cross-border transactions, aiming to boost trade and secure monetary settlements.
Bank of Ghana partners with G+D to pilot Africa's first CBDC, testing with banks, payment providers, merchants, and consumers.
Bank Negara Malaysia actively assesses the potential of adopting CBDC, conducting proof-of-concept and experimentation for future considerations.
MAS launches Ubin+ for cross-border FX settlement using CBDC, focusing on business models, technical standards, and policy guidelines.