The transaction involved the transfer of €10,000 from a Lloyds Banking Group account at Deustche Bank to CaixaBank, and was settled using tokenised reserves at the Eurosystem (through Banque de France). The test marks an important milestone for Project Agorá’s […]
Lloyds Banking Group (Lloyds) has completed three live tokenised deposit transactions as part of Real-Value Testing of Project Agorá, a global public-private initiative exploring how tokenisation can improve wholesale cross-border payments. „The transactions tested how tokenised commercial bank deposits can […]
We do not know what the financial system of the future will look like. But it is hard for me to imagine that it will not require a two-tier banking system. This means that as well as tokenised central bank […]
Project Agorá, launched by the Bank for International Settlements (BIS), a group of leading central banks and the Institute of International Finance (IIF), is inviting the private sector to join its exploration of how tokenisation can enhance the functioning of the wholesale […]
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