JPMorgan: Banks Settle Tokenized Payments in BIS Pilot
JPMorgan, Citi and UBS settle $1M across six currencies in 80 seconds using tokenized money during BIS pilot with 25 other banks.
SourceAnalysis
JPMorgan, Citi, UBS and 25 other banks completed real cross-border payments using tokenized money in a BIS-led pilot, settling $1M across six currencies in an average of 80 seconds. The move follows months of incremental tests that suddenly scaled into live institutional settlements.
Lex Sokolin | Generative Ventures
@LexSokolinPartner @Genventurecap investing in Web3+AI+Fintech 🦊 Ex Chief Economist & CMO @Consensys 📈 Serial founder sharing strategy on Fintech Blueprint 💎 Milady
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