支付和签约平台的兴起（英）.pdf

The Rise of Payment and Contracting Platforms Tobias Adrian and Tommaso Mancini-Griffoli NOTE/2023/005 FINTECH NOTE The Rise of Payment and Contracting Platforms Prepared by Tobias Adrian and Tommaso Mancini-Griffoli June 2023 ©2023 International Monetary Fund The Rise of Payment and Contracting Platforms Note 2023/005 Prepared by Tobias Adrian and Tommaso Mancini-Griffoli * DISCLAIMER: Fintech Notes offer practical advice from IMF staff members to policymakers on important issues. The views expressed in Fintech Notes are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management. RECOMMENDED CITATION: Adrian, Tobias and Tommaso Mancini-Griffoli 2023. “The Rise of Payment and Contracting Platforms” IMF Fintech Note 2023/005, International Monetary Fund, Washington, DC. ISBN: 979-8-40024-574-9 (Paper) 979-8-40024-577-0 (ePub) 979-8-40024-580-0 (PDF) JEL Classification Numbers: F3, G2, O3 Keywords: cross-border payments; platforms; central bank digital currencies; digital money; foreign exchange; settlement; programmability encryption Authors’ email addresses: tadrian@ and tmancinigriffoli@ * This Note is based on IMF Working Paper 2022/217 written in collaboration with Federico Grinberg, Robert M. Townsend, and Nicolas Zhang. The tremendous contributions of these co-authors to this Note are gratefully acknowledged. For extremely helpful comments we also thank: Itai Agur, Victor Budau, Martin Cihak, Gabriela Conde Vitureira, Stephanie Forte, Glenn Gottselig, Dong He, Kenneth Kang, Kathlee