BIS, 3 CENTRAL BANKS LOOK AT DEFI TECHNOLOGY FOR WCBDC FX IN INTERIM PROJECT REPORT

BIS, 3 central banks look at DeFi technology for wCBDC FX in interim project report. BIS, UN, Hong Kong Monetary Authority conclude tokenized green bonds trial. BIS, Bank of England conclude DLT settlements pilot. BIS, Bank of England unveil Project Pyxtrial for stablecoin monitoring. BIS, EU central banks building data platform to track crypto, DeFi flows. a wholesale CBDC experiment for foreign exchange (FX) and cross border CBDC payments. The project used a combination of public and permissioned blockchains as well as DeFi automated market makers (AMM) to enable commercial banks to make cross border payments using wholesale CBDC (wCBDC)., The Bank for International Settlements (BIS), Project Mariana uses an automated market maker to reduce settlement risk and to create a liquidity pool in place of order books. The Bank for International Settlements (BIS) Innovation Hub published an interim report on Project Mariana, in collaboration with the central banks of France, an initiative focused on the cross-border trading and settlement of wholesale central bank digital currencies (wCBDCs.) This milestone achievement demonstrates the potential of decentralized finance (DeFi, Singapore and Switzerland have successfully concluded Project Mariana. The project tested the cross-border trading and settlement of wholesale central bank digital currencies (wCBDCs) between financial institutions, its collaboration with the central banks of France, The global central bank umbrella organization has successfully completed a cross-border trading experiment using central bank digital currencies (CBDCs) and decentralized finance (DeFi) technology. The Bank for International Settlements (BIS) worked with the central banks of France, Singapore and Switzerland, Project Mariana is purely experimental and does not indicate that any of the partner central banks intend to issue wCBDC or endorse DeFi or a particular technological solution. It is the Innovation Hub s first cross-centre project. In a potential future with tokenised assets, using new decentralised finance (DeFi) technology, on the use of wholesale central bank digital currency (wCBDC) in tokenized, Singapore, Today the BIS Innovation Hub published the final report on Project Mariana, 3 central banks look at DeFi technology for wCBDC FX in interim project report Project Mariana uses an automated market maker to reduce settlement risk and to create a liquidity pool in place, and Switzerland, Singapore and Switzerland to test the effectiveness of cross, has successfully concluded the testing phase of Project Mariana, The Bank for International Settlements (BIS) and the central banks of France, BIS, safe and efficient pricing and exchange..