SWIFT announced that it has successfully moved CBDCs and tokenized assets on existing financial infrastructure through two separate experiments.
that it had successfully moved central bank digital currencies and tokenized assets on existing financial infrastructure through two separate experiments. According to SWIFT, the results demonstrated that “CBDCs can be rapidly deployed at scale to facilitate trade and investment between more than 200 countries and territories around the world.”that connects over 11,500 financial institutions worldwide and plays a paramount role in facilitating international transactions.
Fourteen central and commercial banks — including Banque de France, the Deutsche Bundesbank, HSBC, Intesa Sanpaolo, NatWest, SMBC, Standard Chartered, UBS and Wells Fargo — are now collaborating in a testing environment to accelerate the path to full-scale CBDC deployment. In the second experiment, SWIFT demonstrated that its infrastructure could integrate tokenization platforms with different types of cash payments. Working in collaboration with Citi, Clearstream, Northern Trust and SETL, SWIFT explored 70 scenarios simulating the market issuance and secondary market transfers of tokenized bonds, equities and cash. The World Economic Forum estimates the tokenization market could reach $24 trillion by 2027.
“Digital currencies and tokens have huge potential to shape how we will pay and invest in the future. But that potential can only be unleashed if the different approaches that are being explored have the ability to connect and work together. We see inclusivity and interoperability as central pillars of the financial ecosystem, and our innovation is a significant step towards unlocking the potential of the digital future.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
SWIFT Says It's Proved It Can Be the Way Forward for Global CBDCs.swiftcommunity has presented a framework for a global CBDC system, claiming to have solved the challenge of interoperability between different networks. By JamieCrawleyCD
Lire la suite »
Nine minors injured in possible racing-related crash on Interstate 8Nine minors were injured Monday, one critically, in a crash on westbound Interstate 8 in Del Cerro possibly caused by racing.
Lire la suite »
Nine minors injured in possible racing-related crash on Interstate 8 -SAN DIEGO (CNS) – Nine minors were injured Monday, one critically, in a crash on westbound Interstate 8 in Del Cerro possibly caused by racing. The wreck took place about 3:30 p.m. just west of Lake Murray Boulevard, the San Diego Fire-Rescue Department reported. Several victims were ejected onto the roadway during the crash, and one suffered critical injuries, according...
Lire la suite »
Nine benefits of magnesiumFind out how this powerhouse mineral helps us stay healthy every day with our guide to the benefits of magnesium
Lire la suite »
Flyers cut top prospect Cam York, nine others to bring training camp roster down to 34York, 21, was initially expected to be on the team's third pairing to start the season alongside Justin Braun.
Lire la suite »
Judge dismisses charges against 7 people in Flint water crisisA Michigan judge dismissed charges against seven people in the Flint water scandal, including two former state health officials blamed for nine deaths from Legionnaires’ disease.
Lire la suite »