Project Meridian FX: exploring synchronised settlement in FX
By Bank for International Settlements (BIS), Bank of England, Banque de France, Banca d'Italia, Deutsche Bundesbank, European Central Bank
Project Meridian FX has successfully demonstrated that cross-border foreign exchange (FX) transactions can be settled safely and efficiently by connecting wholesale payment systems, such as Real-Time Gross Settlement (RTGS) systems, using distributed ledger technology (DLT).
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