Central banks test tokenized FX settlement
The Bank of England, Monetary Authority of Singapore and Bank of Thailand published results of an FX settlement trial linking traditional and tokenized payment systems.
What we know
The Block reports the three central banks used a prototype built by Partior to test settling both sides of an FX transaction across traditional and tokenized systems.
How the story developed
The Bank of England, Monetary Authority of Singapore and Bank of Thailand published results of an FX settlement trial linking traditional and tokenized payment systems.
Three central banks reported results of a trial linking traditional and tokenized payment systems for FX settlement, using a Partior prototype.
Sources
“Three central banks published results from an FX settlement trial linking traditional and tokenized payment systems”
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