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Project Rialto: Advancing Instant Cross-Border Payments with Central Bank Money Settlement - Digital Pound Foundation

Summary by Digital Pound Foundation - Incorporated on 22 June 2021, the Digital Pound Foundation Is an Independ
The Bank for International Settlements (BIS) has released an interim report on Project Rialto, an initiative aimed at improving retail cross-border payments through interlinked instant payment systems and settlement in central bank money (CeBM). As part of a broader effort to enhance payment efficiency globally, this project explores ways to reduce costs, enhance speed, and improve transparency in cross-border transactions. The Challenges of Ret…
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Digital Pound Foundation - Incorporated on 22 June 2021, the Digital Pound Foundation is an independ broke the news in on Friday, February 14, 2025.
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