Big CBDC Payments via XPI
An institutional-grade framework designed to orchestrate high-value CBDC clearance, safety holds, dispute mitigations, and automated ledger settlements.
Key System Actors
Customer (Payer)
Initiates payment via mobile app (scans QR, confirms transfer details).
Receiver (Beneficiary)
Receives notifications and credit in local fiat or CBDC.
Sender’s Bank
Validates request, executes KYC/AML checks, verifies balances, and routes to XPI.
Receiver’s Bank
Notifies beneficiary of pending credit and finalizes settlement/liquidation.
XPI Protocol
Clearing and CBDC movement coordinator, locking/unlocking funds.
Escrow Account
Holds CBDC temporarily to permit compliance checks, holding periods, or dispute logs.
Compliance & Dispute Systems
Evaluates regulatory checks and manages resolution mechanisms.
Ledger
Immutable public/private record recording every stage of the lifecycle.
High-Level Settlement Flow
XPI orchestrates the payment lifecycle across traditional banking networks and ledger escrow primitives.
Customer Initiation
Scan QR and initiate via Payer App
Bank Validation
Sender Bank checks AML/KYC & balance
Escrow Lock
XPI locks CBDC in temporary Escrow Account
Receiver Notification
Receiver Bank displays pending CBDC credit
Final Settlement
Safe-hold releases and finalizes credit on the ledger