Ghana – BoG executes first cross-border transaction using eCedi (CBDC)
The country has successfully executed its first cross-border trade transaction using digital credentials, the eCedi central bank digital currency (CBDC), and a Singaporean stablecoin.The landmark pilot was part of Project DESFT (Digital Economy Semi-Fungible Token), a collaborative initiative between the Bank of Ghana (BoG) and the Monetary Authority of Singapore (MAS).Addressing the launch event at…