Meridian FX, a joint project of the Eurosystem, the BIS, and the Bank of England, has published its results

News Financial services Reports

Date: 24th Apr, 2025 Source: Bank of Italy Country: Italy Original Source

Brief

On "24/04/2025", the "Bank of Italy" issued an update regarding "Meridian FX, a joint project of the Eurosystem, the BIS, and the Bank of England, has published its results". The project aimed to test a mechanism for interoperability compatible with DLT (Distributed Ledger Technology) for cross-border currency transactions. The successful results demonstrated the possibility of efficiently linking heterogeneous payment infrastructure for cross-border FX transactions.

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Bank of Italy

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Meridian FX, a joint project of the Eurosystem, the BIS, and the Bank of England, has published its results

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Meridian FX, a joint project of the Eurosystem, the BIS, and the Bank of England, has published its results

Brief

Bank of Italy

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