The "AFP 2023 Risk Survey" found that as the world continues to deal with the fallout from the coronavirus pandemic, treasury has an opportunity to take a seat at the table.
Instead of sliding into recession, the U.S. economy has powered ahead, even as growth stalls overseas. Investors are responding by shifting funds to the U.S. dollar.
China, Thailand, Hong Kong, and the UAE are collaborating to develop mBridge, a multi-CBDC bridge, that promises cross-border settlement in seconds rather than days.