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BIS's Project Agorá completed live cross-border settlements in roughly 80 seconds using real funds, with 5 central banks and 28 commercial banks including JPMorgan, Citi, UBS, Deutsche Bank, and Standard Chartered processing about $1 million across six currencies including USD, EUR, JPY, and KRW. The pilot tokenized central bank reserves and commercial bank deposits to handle corporate payments, interbank transfers, and FX settlement, signaling that tokenization is moving into core financial infrastructure through regulated rails rather than public blockchains. This is a medium-term structural signal: it validates tokenized-money adoption broadly but competes with stablecoins and crypto payment networks like XRP for cross-border flow, so watch whether Agorá advances from pilot to production and whether private-chain interoperability is included.
As a Macro signal, watch whether it changes price action, volatility, or flows around XRP.
Original Source: 토큰포스트
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