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Working group minutes: tokenised platforms vs synchronisation

Central bankers weigh up merits of emerging technologies and debate stablecoin use cases

AI hand holding digital dollar token

Several central banks are working on parallel projects exploring tokenised settlement platforms and the ‘synchronisation’ of tokenised and traditional systems.

Participants in Central Banking’s latest interbank working group, held on May 27, said there were potential benefits to both approaches, which might be applied in different cases.

One central banker from Europe, whose institution has been trialling such systems, said a fully tokenised platform could allow settlement based on more

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