In this respect, we urge the market to develop a pan-European payment solution with full deployment of the new instant payments infrastructure.
In addition, we believe that the roadmap developed by the Financial Stability Board (FSB) provides an excellent plan to enhance crossborder payments.5 In this respect, it also becomes clear that CBDC is not a panacea; the challenges we face are multi-faceted, and we need to find a whole array of tailor-made solutions to them.