BIS Completes $1 Million Test of Tokenized Cross-Border Payments

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Tokenized deposits promise many of the efficiency benefits of stablecoins while operating within a regulated banking framework. That concept has now been tested at scale in Project Agorá, which recently processed $1 million in live tokenized cross-border payments—one of the broadest real-world demonstrations of the technology to date. The project is led by the Bank [...] The post BIS Completes $1 Million Test of Tokenized Cross-Border Payments appeared first on PaymentsJournal .