The Saudi Central Bank (SAMA) is ramping up its research into Central Bank Digital Currencies (
No details were provided on the technology behind the Saudi CBDC, but CBDC Tracker suggests it is based on the Linux Foundation’s Hyperledger Fabric.
According to the United States think tank Atlantic Council, there are currently 11 countries that have fully deployed a CBDC, and 17 are running pilots. Most of those that have launched are in the Caribbean with the exception of Nigeria.
