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BIS and Central Banks of France, Singapore and Switzerland Successfully Test Cross-Border CBDC Using DeFi

The Bank for International Settlements (BIS) and central banks of France, Singapore, and Switzerland have jointly announced a successful test of cross-border trading and settlement for wholesale central bank digital curr...

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BIS and Central Banks of France, Singapore and Switzerland Successfully Test Cross-Border CBDC Using DeFi
The Bank for International Settlements (BIS) and central banks of France, Singapore, and Switzerland have jointly announced a successful test of cross-border trading and settlement for wholesale central bank digital currencies (wCBDCs).
This test incorporated innovative decentralized finance (DeFi) technology concepts and was executed on a public blockchain....
Read More: BIS and Central Banks of France, Singapore and Switzerland Successfully Test Cross-Border CBDC Using DeFi

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This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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