Bank for International Settlements
BIS ‘Project Rialto’ aims to make FX settlement more efficient
The BIS has now announced Project Rialto, an FX module to streamline settlement for instant cross-border payments. It will use...
More details on Project Agorá—the plan to tokenize correspondent banking
The Bank for International Settlements is banking on its Project Agorá to address the declining number of correspondent banks worldwide...
BIS payments committee to focus on tokenization, CBDCs in 2025 work program
The committee will also delve into central bank collaboration on CBDCs and asset-linked stablecoin arrangements to promote payments market efficiency.
CBDC eliminates barriers of the siloed financial system: Swiss National Bank
At a recent BIS event in Basel, Chairman Thomas Jordan discussed Project Helvetia III, including its benefits and some alternative...
BIS envisions global ‘Finternet’ running on unified ledger technology
In its paper, the Bank for International Settlements said a financial system running on a unified ledger could help foster...
Stablecoins show promise in payments, but regulatory fragmentation hinders adoption: BIS
In a new report, the BIS surveyed 11 jurisdictions and their stablecoin approaches, concluding that the lack of harmony presented...

