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Project Rialto: Fixing the $800B cross-border payment mess with instant settlement using central bank money settlement. The Bank for International Settlements (BIS) has launched Project Rialto to enhance instant cross-border payments by integrating a modular foreign exchange component with settlement in tokenized wholesale central bank money.

Project Rialto: Fixing the $800B cross-border payment mess with instant settlement using central bank money settlement. The Bank for International Settlements (BIS) has launched Project Rialto to enhance instant cross-border payments by integrating a modular foreign exchange component with settlement in tokenized wholesale central bank money.
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