According to Planet Daily, the official website of the Bank for International Settlements (BIS) published an article today introducing a new project called Project Mariana.
Project Mariana is a cross-center cooperation project jointly launched by the Innovation Center of the Bank for International Settlements, the Monetary Authority of Singapore, the Bank of France, the Swiss National Bank, etc. It aims to realize cross-border transactions of wholesale central bank digital currencies (CBDCs) through automated market makers, and explore whether this solution can improve the efficiency, security and transparency of foreign exchange transactions and settlements, and eliminate some potential risks associated with the foreign exchange market.
It is worth mentioning that in the introduction document of Project Mariana, it is mentioned that the project will adopt Curve V2’s hybrid function automated market making model (HFMM).