Minting the future of money
Start accelerating your digital currency journey today.
Welcome to the Digital Currencies Hub
Discover the full potential of central bank digital currencies (CBDCs) and fiat-backed stablecoins with expert insights, best practices and resources from R3.
Take advantage of the new digital economy
More than 80% of central banks are engaging in some form of CBDC work and some of the largest commercial banks and exchanges in the world have already issued institutional or private stablecoins.
Faster cross-border payments
Liquidity management
Programmable services
T+1 post-trade settlement
Market efficiency & transparency
Atomic Delivery versus Payment
Regulated market participants are already realizing the
benefits of digital currencies
World’s first fully licensed Digital Asset Exchange is live
SDX is a fully integrated issuance, trading, settlement, and custody infrastructure for digital assets, regulated by FINMA. Powered by R3’s Corda, SDX integrates digital asset trading, settlement, and custody on a secure, simple and instantaneous infrastructure.
SDX is now live with the world’s first bond issuance using a pure digital part in a fully regulated environment. It is also the first to deliver a single seamless workflow from execution to atomic settlement on ledger.
Blog
SIX Digital Exchange goes live on R3’s Corda
Cross-border digital cash solution
Digital Cash eliminates the reliance on SWIFT and correspondent banks using cash tokens to move value between Wells Fargo entities cross-border. It results in settlement without third parties and a reduction in transfer time, costs and points-of-failure.
After successfully completing a pilot in 2020, Wells Fargo launched its internal Digital Cash solution in 2021. The solution allows Wells Fargo to complete internal book transfers of cross-border payments within its global network using tokenized cash, resulting in less transfer time, costs and points of failure.
Video
Wells Fargo digital cash for global payment services
Featured Project
Project Jura: Cross-border settlement
The Banque de France, Swiss National Bank and the BIS Innovation Hub together with Accenture, Credit Suisse, Natixis, R3, Six Digital Exchange and UBS recently completed an experiment using wholesale CBDC to enhance speed, efficiency, and transparency in cross-border settlement.
Video
Cross-border settlement using wholesale CBDC
As a small open economy, Switzerland requires efficient and robust cross‐border payment and settlement arrangements. Project Jura explores how distributed ledger technology can be successfully leveraged to map out how future‐proof cross‐border settlement between financial institutions could look like.
Andréa M Maechler
Member of the Governing Board, Swiss National Bank
Resource corner
BIS: Multi-CBDC Arrangements and the Future of Cross-border Payments
Forbes: Inventing New Tech Is Fun, But Are The Old Ways Sometimes Best?
BIS: Central Bank Digital Currencies: Motives, Economic Implications and the Research Frontier
What the Terra Luna Crash Means for DeFi and CBDC
PwC Global CBDC Index and Stablecoin Overview 2022
Digital Currency Governance Consortium White Paper Series
The Business Impact of CBDCs
Project Dunbar: multi-CBDC platform for international settlements
Discover the power of digital currencies
To help regulated market participants stay ahead of innovations in digital currencies, R3 has developed the Digital Currency Accelerator. Powered by Corda, the Accelerator offers a suite of capabilities for all stages of digital currency development with two primary types—CBDCs and fiat-backed stablecoins.
Plug into an existing ecosystem of regulated institutions exploring digital currency transactions
With our roots as a bank consortium, R3 has deep expertise working with government entities, regulators, central banks and private sector institutions. With the Digital Currency Accelerator, you gain access to a ‘ready-made’ payments ecosystem convened by R3 and underpinned by Corda—the market leading DLT platform for financial services that is permissioned by design, open core, secure and scalable.
Connect with R3
R3 is here to support you at every stage of your digital currency journey–from experimentation to production. Our Professional Services team offers a variety of standard and custom SaaS offerings to kick start issuance and development.
