đ Exciting news in the blockchain world! Over 40 financial firms are teaming up with the Bank for International Settlements (BIS) to explore tokenization in wholesale cross-border payments through Project AgorĂĄ! đđž
The BIS, often dubbed the "central bank for central banks," aims to integrate tokenized commercial bank deposits with wholesale central bank money. This could revolutionize how payments are made across borders by tackling legal, regulatory, and technical challenges.
What do you think about this public-private partnership? Share your thoughts below! đ #Blockchain #Crypto #Finance