Bank for International Settlements tests digital cross-border payments prototype with seven central banks
The Bank for International Settlements is testing a digital cross-border payments prototype called Project Agorá with seven central banks. This initiative aims to create a unified ledger for faster and cheaper wholesale transactions using tokenized deposits and central bank reserves. A report on the project's findings is expected in the first half of 2026.
- ▪Seven central banks are actively testing a prototype for cross-border payments.
- ▪Project Agorá aims to make transactions faster, cheaper, and less opaque.
- ▪The project builds a multi-currency unified ledger using distributed ledger technology.
Opening excerpt (first ~120 words) tap to expand
Bank for International Settlements tests digital cross-border payments prototype with seven central banks Project Agorá moves from design to live testing, bringing tokenized deposits and central bank reserves onto a unified ledger for wholesale cross-border transactions. Share Add us on Google by Editorial Team May. 27, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); Seven of the world’s most influential central banks are now…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Crypto Briefing.
Discussion
0 commentsMore from Crypto Briefing
