In a move to improve traditional cross-border payments, the Bank for International Settlements (BIS) has announced the launch of Project Rialto. This project aims to enhance instant cross-border payments by integrating a modular foreign exchange (FX) component with settlement in wholesale central bank digital currencies (CBDCs). The initiative, a collaboration between the BIS Innovation Hub […]
Source: https://news.bitcoin.com/bis-plans-instant-cross-border-payments-using-wholesale-cbdc-settlement/
BIS Plans Instant Cross-Border Payments Using Wholesale CBDC Settlement
