RECRYPThe sovereign digital currency landscape, explained plainly.
Cross-border CBDC interoperability moves through unfamiliar names — mBridge, Nexus, ISO 20022, PvP settlement — attached to a fast-moving set of real pilots. These explainers cover what's actually happened, sourced to primary reporting, kept current as the landscape moves. Start with the glossary if a term is unfamiliar; the explainers below go deeper on specific developments and how they relate to what Recryp is building.
What's actually happening, and why it matters.
mBridge and the neutrality problem
BIS coordinated Project mBridge for three years, then walked away. What actually happened, and what it proves about who should govern a bridge between sovereign rails.
Read → ExplainerNexus vs. a CBDC bridge
Project Nexus and mBridge get mentioned in the same breath constantly. They connect completely different things. Here's the actual distinction.
Read → ExplainerISO 20022: the migration already happened
SWIFT finished its core cross-border migration in November 2025. What changed, what didn't, and why "we're on ISO 20022 now" doesn't mean the settlement problem is solved.
Read → ExplainerThe UAE↔India corridor, as it stands
The Digital Dirham went live with cross-border capability to India already switched on. India's e₹ is scaling domestically first. What a real corridor between them would actually require.
Read →Glossary
The vocabulary this whole space runs on, defined without jargon circularity.
Building on, or regulating, one of these rails?
These explainers are context, not a pitch. If you want to talk about where Recryp fits into your specific corridor, reach out directly.