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Through the project , HKMA explores financial market infrastructure that facilitates seamless interbanksettlement of tokenised money through a wCBDC. Having completed building the sandbox, HKMA will use it to facilitate interbanksettlementusing experimental tokenised money, focusing on transactions involving these tokenised assets.
Through the new project, Hong Kong Monetary Authority will explore innovative financial market infrastructure (FMI) that will facilitate seamless interbanksettlement of tokenised money through a wholesale CBDC. We welcome global talents and industry players to come to Hong Kong and be part of this very exciting tokenisation journey.”
Efforts were also made to advance digital assets, tokenization and central bank digital currency (CBDC) experimentation with initiatives such as Project Guardian and Project Orchid expanding to include more usecases and moving towards “live” pilots. 136), regtech (119) and investments and wealthtech (82).
Blockchain proponents say the disruptive technology is worth the onboarding process. We break down the company’s argument as presented in “ The Cost-Cutting Case for Banks: The ROI of Using Ripple and XRP for Global InterbankSettlements.” ” A Bit Of Background.
To navigate this issue, Ledger has designed hardware to help users preserve ownership of their digital blockchain assets. “It’s not about currency,” Larchevêque emphasizes, “but about what you can do with the blockchain.” Finovate: Tell us about your favorite implementation of your solution. .
Stablecoin transaction volume, adjusted versus unadjusted, Source: Visas Onchain Analytics Dashboard, May 2025 The Citi Institute predicts that this market could soar by up to 1,500% and exceed US$3 trillion by 2030.
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