BIS Says Project Agorá Completes Real-Value Testing for Tokenized Cross-Border Payments
Covered by 2 sources · 2 articles
2 outlets - including Watcher and Crypto-economy - are covering this story. Several major US banks, including JPMorgan, Citi, and UBS, have begun testing tokenized cross-border payments, settling transactions in…
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JPMorgan, Citi, UBS Testing Tokenized Cross-Border Payments
Several major US banks, including JPMorgan, Citi, and UBS, have begun testing tokenized cross-border payments, settling transactions in…
BIS Says Project Agorá Completes Real-Value Testing for Tokenized Cross-Border Payments
TL;DR Project Agorá settled 800,000 Swiss francs, about $1 million, across 17 real-value scenarios involving 28 financial institutions and central banks in testing. The trials used tokenized central bank reserves and commercial bank deposit…