According to published accounts, technical overview of the Bank for International Settlements’ new push to place central bank assets on a shared ledger.
Officials said the Bank for International Settlements advanced Project Agora to tokenize central bank reserves.
In addition, commercial bank deposits would settle on a shared distributed ledger in pilot phases.
The initiative targets friction in cross-border correspondent banking networks.
The report adds that central bank participants have not announced production deployment timelines.
Named entities in source reporting include Bank for International Settlements, Project Agora.
Source documents list dates, agencies, and procedural steps referenced in the summary above.
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Sources:
https://bpi.com/bpinsights-may-30-2026/blog-project-agora-tokenization