The Monetary Authority of Singapore released a Guardian FX workstream report, jointly developed by the foreign exchange industry group, illustrating how tokenised bank liabilities underpinned by shared ledger infrastructures could enable 24/7 real-time cross-border settlement and help optimise liquidity management in transaction banking.
Monetary Authority of Singapore 2025-07-03
Monetary Authority of Singapore publishes Guardian FX workstream report on tokenised bank liabilities for transaction banking
The Monetary Authority of Singapore published a Guardian FX workstream report, developed with the foreign exchange industry group, highlighting the potential of tokenised bank liabilities supported by shared ledger infrastructures. The report suggests these innovations could facilitate 24/7 real-time cross-border settlement and enhance liquidity management in transaction banking.