Phase 2 will focus on programmability, tokenisation and atomic settlement, leveraging the ‘Project Ensemble’ sandbox.
March 15, 2024Four new digital money trials will commence with industry players, and MAS will pilot the “live” issuance of wholesale CBDCs for the first time next year.
November 17, 2023Another pilot will take place next year, potentially exploring corporate payments, cross-border payments, and blockchain interoperability.
October 31, 2023Each simulated payment scenario achieved end-to-end settlement in under thirty seconds on average using wholesale CBDCs.
May 19, 2023Nine banks and three central banks participated in testing Swift's API-based CBDC connector across two blockchain networks and fiat-based payment systems.
March 10, 2023ANZ is involved in four case proposals; CBA is involved in two. Mastercard and Cuscal propose to use CBDC to enable consumers to buy NFTs.
March 3, 2023NAB plans allow clients to use the stablecoin for repo transactions, cross-border remittances, and carbon credits trading.
January 20, 2023"Project Cedar Phase II x Ubin+" will seek to enhance designs for atomic settlement of cross-border cross-currency transactions, leveraging wholesale CBDCs as a settlement asset.
November 11, 2022The investment will strengthen Partior's international reach and capabilities, while also helping StanChart accelerate the deployment of blockchain tech across its own network.
November 7, 2022In the test environment, wholesale CBDC transactions on a blockchain-enabled distributed ledger system settled in under 15 seconds on average.
November 5, 2022