GLOBAL PAYMENTS KNOWLEDGEISO 20022 / SWIFT / SEPA / MT / MX
PAYMENTSSIGNAL

The interactive academy for the standards, messages, and rails that move money.

PROGRESS
DOMAIN 08 / 4 TOPICS

Digital money & tokenization

Forms of money and what actually settles: central vs commercial bank money, CBDCs, stablecoins and tokenized deposits, and how trade-finance payments settle across borders.

  1. 0111 MIN
    Forms of money: central vs commercial bank moneyThe money in your account and the money banks settle in are two different things. Knowing which is which explains what actually settles a payment, and why.AFTER: Money, accounts, and ledgers
  2. 0213 MIN
    Central bank digital currency (CBDC)A central bank digital currency is central-bank money in digital form. What changes is who can hold the safe asset directly, and how it moves.AFTER: Forms of money: central vs commercial bank money
  3. 0312 MIN
    Stablecoins and tokenized depositsTwo ways to put private money on a ledger that settles differently. What backs each, how you redeem it, and what risk you keep are what separate them.AFTER: Forms of money: central vs commercial bank money
  4. 0414 MIN
    Trade finance paymentsWhen a buyer and seller who have never met trade across borders, banks and documents stand in for trust. Follow how a letter of credit's payment leg settles.AFTER: Correspondent banking, nostro & vostro