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Peru’s Central Bank Initiates CBDC Pilot with Viettel Peru
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cryptonews.comPeru’s Central Reserve Bank partnered with Viettel Peru on July 17 to launch a pilot for a Central Bank Digital Currency (CBDC).
According to a recent announcement by the Central Reserve Bank of Peru (BCRP), Viettel Peru S.A.C. will be the first participant in this year-long pilot, integrating digital currency into the financial system and modernizing the country’s financial infrastructure.
The pilot will involve collaboration with various stakeholders to ensure the system design and functionality align with the BCRP’s requirements. This approach is intended to enhance user adoption and address potential barriers to entry.
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