Digital control room display showing global payment network with settlement confirmation in seconds
Bitcoin News

BIS Project Agorá demonstrates tokenized cross-border payments settling in seconds

The Bank for International Settlements (BIS) has released the final report on Project Agorá, a two-year experimental prototype that demonstrates how tokenized central bank reserves and commercial bank deposits can settle cross-border wholesale payments in seconds. The project, one of the broadest collaborations between central banks and private financial institutions to date, involved seven central […]