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BIS Project Agorá explores tokenized money to revolutionize cross-border payments with speed and efficiency.

Market News
28 May 2026
Coinpaper
View Source
Bullish
pluang ai news

The Bank for International Settlements' Project Agorá is testing a new system where tokenized money—digital forms of central bank reserves and bank deposits—could transform global cross-border payments. This initiative involves eight central banks and over 40 financial institutions aiming to fix inefficiencies in current correspondent banking, which is slow and costly. The project envisions near-instant settlements, 24/7 operation, and programmable liquidity, potentially reshaping how money moves internationally. The XRP Ledger is often mentioned as a fitting technology due to its fast, low-cost, and continuous settlement capabilities, though BIS does not endorse any specific blockchain.

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