e-Peso
PilotUruguay
Central Bank(s)
Central Bank of Uruguay
Announcement Year
2014
Status
Pilot
Retail/Wholesale
Retail
Structure
Token
Technology Provider
Roberto Giori Company
Technology
GSMT
DLT / non-DLT
Non-DLT
Central Bank of Uruguay and ANTEL, other participants in the pilot program are system suppliers RGC; IBM, which provides storage support, circulation, and control
Central banks should be part of the new digital paradigm. They should be prepared to fulfill their mandates in this digital era and ready to exploit new technologies in their favor. Central banks need to be proactive in order not to arrive too late to this digital revolution, to be able to fulfill their mandates, and to contribute to a healthy development of financial systems.
The e-Peso project went on to be praised in international finance circles. In 2019, the International Monetary Fund (IMF) acknowledged the token's success in its annual report. It called Uruguay: "one of the pioneers in [the] world in taking a proactive approach in evaluating the case for the CBDC.
Link to announcement
Last update: September 2017
September 2017
Research → Pilot
Technology: GSMT
Governance structure: Central Bank of Uruguay and ANTEL, other participants in the pilot program are system suppliers RGC; IBM, which provides storage support, circulation, and control
Description: The e-Peso project went on to be praised in international finance circles. In 2019, the International Monetary Fund (IMF) acknowledged the token's success in its annual report. It called Uruguay: "one of the pioneers in [the] world in taking a proactive approach in evaluating the case for the CBDC.
DLT / non-DLT: Non-DLT
Main motivation/goals of the CBDC: Central banks should be part of the new digital paradigm. They should be prepared to fulfill their mandates in this digital era and ready to exploit new technologies in their favor. Central banks need to be proactive in order not to arrive too late to this digital revolution, to be able to fulfill their mandates, and to contribute to a healthy development of financial systems.
Link to announcement: beincrypto.comwww.bcu.gub.uyiris.unibocconi.it
Technology Provider: RGC → Roberto Giori Company
January 2014
None → Research
Announcement Year: 2014
Retail/Wholesale: Retail
Structure: Token
Technology Provider: RGC
Country / Region: Uruguay
Central Bank(s): Central Bank of Uruguay
No recent news found for this currency.