BIS Project Agorá settles $1 million in tokenized cross-border payment trials
CoinTelegraph·
60-second summary
Twenty-eight financial institutions and central banks successfully settle $1 million in tokenized cross-border payments, utilizing six currencies, through a trial of BIS Project Agorá. The trial leverages tokenized central bank reserves and commercial bank deposits, marking a significant step towards more efficient and secure international transactions, potentially transforming the global payment landscape.
Twenty-eight financial institutions and central banks completed real-value settlements across six currencies using tokenized central bank reserves and commercial bank deposits.