Payment clearing and settlement systems - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T09:53:58+00:00Improving the Efficiency of Payments Systems Using Quantum Computing
https://www.bankofcanada.ca/2022/12/staff-working-paper-2022-53/
We develop an algorithm and run it on a hybrid quantum annealing solver to find an ordering of payments that reduces the amount of system liquidity necessary without substantially increasing payment delays.2022-12-22T14:14:19+00:00enImproving the Efficiency of Payments Systems Using Quantum Computing2022-12-22Digital currencies and fintechFinancial institutionsFinancial servicesFinancial system regulation and policiesPayment clearing and settlement systemsStaff Working Paper 2022-53https://www.bankofcanada.ca/wp-content/uploads/2022/12/swp2022-53.pdfImproving the Efficiency of Payments Systems Using Quantum ComputingChristopher McMahonDonald McGillivrayAjit DesaiFrancisco RivadeneyraJean-Paul LamThomas LoDanica MarsdenVladimir SkavyshDecember 2022CC6C61C63DD8D83EE4E42E5E58Potential benefits and key risks of fiat-referenced cryptoassets
https://www.bankofcanada.ca/2022/12/staff-analytical-note-2022-20/
Cryptoassets that reference a national currency (commonly known as stablecoins) aim to peg their value to the reference currency and typically use a reserve of traditional financial assets to maintain the peg. The market value of these fiat-referenced cryptoassets has grown more than thirtyfold between early 2020 and mid-2022. We explore some of their potential benefits and key risks.2022-12-19T15:00:05+00:00enPotential benefits and key risks of fiat-referenced cryptoassets2022-12-19The Relative Benefits and Risks of Stablecoins as a Means of Payment: A Case Study Perspective
https://www.bankofcanada.ca/2022/12/staff-discussion-paper-2022-21/
Our paper contributes to the discussion about the utility of stablecoins for retail payments through an objective, evidence-based approach that compares stablecoins with traditional retail payment methods. The paper also provides insights that could be useful in the design of central bank digital currencies.2022-12-19T10:33:42+00:00enThe Relative Benefits and Risks of Stablecoins as a Means of Payment: A Case Study Perspective2022-12-19Digital currencies and fintechPayment clearing and settlement systemsStaff Discussion Paper 2022-21https://www.bankofcanada.ca/wp-content/uploads/2022/12/sdp2022-21.pdfThe Relative Benefits and Risks of Stablecoins as a Means of Payment: A Case Study PerspectiveAnnetta HoSriram DarbhaYuliya GorelkinaAlejandro GarcĂaDecember 2022DD7D78OO3O38