Agorá - How Moving Money Matters

Project Agorá tests the hypothesis that a multi-currency settlement mechanism that leverages tokenization and programmability could mitigate inefficiencies and frictions in cross-border payments, making them faster, more transparent and safer.

To examine this, the Bank for International Settlements (BIS) and the Institute of International Finance (IIF) combined forces to convene seven central banks and over 40 international financial institutions to test the tokenization of commercial bank deposits and central bank reserves on a unifying ledger. The roundtable will bring together Project Agorá public and private sector participants to reflect on the project and lessons learned.