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Cross Border Transactions

topic on 2 shows · 2 statements across 2 episodes

BigDeal WTF is with Nikhil Kamath

2 statements about Cross Border Transactions, every show

BIGDEAL Assertion Supported
Sanchez: China Uses Yuan for Most Cross-Border Transactions
“China has started to use its own currency for most cross-border transactions.”
Codie Sanchez Sep 24, 2024 ▶ 16:46 How the Debt Crisis ACTUALLY Affects You
WTF Prediction Not checkable as stated
Nilekani: The major use case for CBDCs is wholesale cross-border settlements
“I think the big use of CBDC actually is in wholesale. So when you do cross country transactions, you can do settlement much faster if you both use CBDCs. So then today's settlement complexities go away.”
Nandan Nilekani Sep 14, 2024 ▶ 1:01:39 Nikhil Kamath x Nandan Nilekani | People by WTF | Ep #3 · Nikhil Kamath

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