Ramp expands its platform compatibility with 40 new currencies, including the Bermudian dollar, Costa Rican colón, Hungarian forint, Mexican peso, Singapore dollar and Swiss franc.
The international bank found high technical feasibility among the projects, but significant work on legal and governance frameworks still remains to be done.
Experts point out sticking points as well as greatest needs in the creation of central bank digital currencies for domestic and cross-border, wholesale and retail, uses.