BIS completes wholesale CBDC trial for FX, cross-border payments
In Project Mariana's proposed design, central banks do not need to control the underlying platform but will rely on smart contracts that follow industry best practices.
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BIS concludes wholesale CBDC experiment for FX, cross-border payments
The Bank for International Settlements has released the Project Mariana report, exploring challenges and solutions in a wholesale CBDC pilot for cross-border FX transactions using blockchain.
BIS backs central bankers on tracking digital currency data under new project
Building on Project Icebreaker, the BIS introduced a new scheme that would partner with top banks to help support the search for information on DeFi's impact on financial stability.