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Catch up on BIS unified-ledger blueprint (AER 2025, Chapter III)

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5material developments in the last 90 days

June 2026

2 items
  1. Commentary

    BIS identifies stablecoin gaps. Regulation and innovations are already closing them

    Stablecoin

  2. Commentary

    BIS maps stablecoin yield models. Do interest bans target the right one?

    Stablecoin

May 2026

3 items
  1. CommentaryTop signal

    BIS Project Agorá prototype keeps central bank money under domestic control

    CBDC · Tokenised deposit

  2. Pilot

    BIS Project Agorá tests tokenised wholesale cross-border rails

    Agorá is the official-sector test of whether correspondent banking moves onto shared tokenised ledgers; the technology is the easy part and central-bank money access is the gate, so watch the governance, not the demo.

    Source
  3. Commentary

    The Rise of CBDCs and Interoperable Digital Ecosystems

    CBDC · Tokenised bond · Tokenised MMF