The m-CBDC Bridge project, or as the BIS likes to refer to it, Project mBridge, is a masterclass in plumbing: undertaken by the PBoC, the Bank of Thailand, the HKMA, and the Central Bank of the United Arab Emirates, the project enables real-time, peer-to-peer, cross-border, and foreign exchange transactions using CBDCs, and does so without involving the U.S. dollar or the network of Western correspondent banks that the U.S. dollar system runs on. Pretty interesting