A senior International Monetary Fund official has sketched out a model for an automated global central bank digital currency (CBDC) exchange platform.

Tobias Adrian, director of the monetary and capital markets department, said this network could help emerging markets and the poor.

Adrian spoke at an IMF-hosted conference on CBDCs held in Rabat on June 19. He offered a “blueprint” pointing towards “a new class of cross-border and domestic payments and contracting platforms”.

The IMF official