BIS confirms tokenizing central bank reserves accelerates cross-border payments

BIS begins real-value blockchain payment testing with central banks and global firms, advancing tokenized cross-border settlements and digital finance innovation. The Bank for International Settlements is moving blockchain payments into a major new phase. The institution will soon start real-value transaction testing for Project Agorá. Major Central Banks Join BIS Blockchain Payment Trials Bloomberg reports […] The post BIS Pushes Tokenized Cross-Border Payments Into Real-Value Phase appeared first on Live Bitcoin News.

BIS tokenization work has cleared its atomic settlement prototype phase and will graduate to real-value cross-border payment trials. BIS tokenization work has cleared its atomic settlement prototype phase and will graduate to real-value cross-border payment trials. The Bank for International…

The post Are central banks ready to move tokenization from simulation to real money? appeared on BitcoinEthereumNews.com. A Bank for International Settlements-led trial has shown that tokenized central bank money and bank deposits can complete cross-border payments in a single atomic step across currencies. Summary Project Agorá has shown that tokenized central bank reserves and bank deposits can settle cross-border payments atomically across currencies. More than 40 private institutions and seven central banks have joined the BIS effort, which has now moved toward real-value transaction tests. Separately, the BIS has warned that stablecoins and crypto exchange “earn” products can expose users to unsecured repayment risk. According to the Bank for International Settlements (BIS), Project Agorá has tested how tokenized central bank reserves and commercial bank deposits can settle transactions on an “all-or-nothing” basis, so neither side is left exposed if the other leg fails. Project A

Cross-border payments platform Nium and stablecoin issuer Circle Internet Group Inc. have launched a partnership to connect onchain digital dollar settlement with traditional last-mile fiat payouts. Circle Internet Group Connects USDC Settlement with Nium Cross-Border Infrastructure The collaboration integrates Nium into the Circle Payments Network, an infrastructure stack operated by Circle Technology Services LLC. Through […]

A Bank for International Settlements-led trial has shown that tokenized central bank money and bank deposits can complete cross-border payments in a single atomic step across currencies. According to the Bank for International Settlements (BIS), Project Agorá has tested how…

UK stablecoin limits could affect wallets, merchants, fintech apps and cross-border payments by changing how much users can actually hold.

Tron's stablecoin dominance highlights the growing importance of efficient cross-border payments, challenging traditional financial systems. The post Tron surpasses Solana with 4 million daily active users, powered by stablecoin dominance appeared first on Crypto Briefing.

Ledger's support for $ADI could accelerate institutional adoption of stablecoins, impacting cross-border payments and financial integration. The post ADI Chain gains Ledger support for $ADI token amid stablecoin growth appeared first on Crypto Briefing.