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Global banks test tokenized money for cross-border payments in $1 million BIS pilot

Source: CoinDesk
Global banks test tokenized money for cross-border payments in $1 million BIS pilot

Twenty-eight banks, including JPMorgan, Citi and UBS, moved real money across borders in a live test of blockchain-based settlement.

CoinMagnetic

CoinMagnetic Team

Crypto investors since 2017. We trade with our own money and test every exchange ourselves.

Updated: July 2026

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