Story thread · 4 reports / 4 sources

Project Agorá Cuts Cross-Border Payment Times to 80 Seconds

pymnts.com · 11dShare

Real-value testing (RVT) of tokenization of wholesale cross-border payments demonstrated an average time from payment initiation to settlement of about 80 seconds, according to a report by the Bank for International Settlements (BIS). Project Agorá, a public-private collaboration exploring tokenization of wholesale cross-border payments, conducted the RVT in a controlled environment in July, the BIS […] The post Project Agorá Cuts Cross-Border Payment Times to 80 Seconds appeared first on PYMNTS.com .

First report: Bank of Korea tests tokenized reserve transfers through BIS Project Agora — crypto.news, 12d