What is mBridge?

mBridge (the Multiple CBDC Bridge) is a wholesale cross-border payment platform that connects central banks and commercial banks for multi-currency settlements using Central Bank Digital Currencies (CBDCs). It does not deal with Bitcoin (BTC), XRP, or any other public cryptocurrencies.

Key Points About mBridge:

  1. Purpose: Facilitates real-time, cross-border payments using CBDCs (like digital yuan, Hong Kong dollar, etc.).

  2. Participants: Led by the BIS (Bank for International Settlements) and central banks of China, Hong Kong, Thailand, and the UAE.

  3. Technology: Uses a permissioned blockchain (not a public ledger like Bitcoin or XRP).

  4. No Bitcoin or XRP Involvement:

    • Bitcoin (BTC) is a decentralized cryptocurrency, not a CBDC.

    • XRP (Ripple’s token) is used in RippleNet for cross-border payments, but mBridge is a separate, government-backed initiative and does not use XRP.

Does mBridge Compete with Ripple (XRP)?

  • Indirectly, yes—both aim to improve cross-border payments, but:

    • mBridge is for CBDCs (government-backed digital currencies).

    • Ripple (XRP) is for bank-to-bank fiat transfers and does not involve CBDCs.

Conclusion:

mBridge is CBDC-only and does not support Bitcoin, XRP, or any other public cryptocurrencies.

Disclaimer

This website (mBridged.com / mBridging.com) is for domain sale purposes only.

  • The content on this page is for informational use only and does not constitute financial, legal, or investment advice.

  • The mention of mBridge (Multi-CBDC Bridge), CBDCs, or related financial technologies is solely to describe the domain’s relevance and is not an endorsement or promotion of any project.

  • We are not affiliated with the Bank for International Settlements (BIS), Hong Kong Monetary Authority (HKMA), People’s Bank of China (PBoC), or any other central bank or entity involved in CBDC development.

  • Prospective buyers should conduct their own due diligence before purchasing the domain(s).

  • The seller makes no guarantees regarding future domain value, SEO performance, or business success tied to these domains.

By accessing this site, you agree that the domain seller is not liable for any decisions made based on the information provided here.