China-led CBDC project mBridge tops $55B in cross-border payments

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The mBridge cross-border payment platform, led by China, has surpassed $55 billion in transactions, despite the Bank for International Settlements' decision to step back from the project in 2024 due to sanctions-related speculation.

Market Impact

Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

In 2024, the Bank for International Settlements stepped back from mBridge, seeking to distance itself from sanctions-related speculation surrounding the platform.

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Full article on CoinTelegraph
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Original article published by CoinTelegraph on January 18, 2026.
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