Fintech News Singapore

MAS Plans Next Phase of Wholesale CBDC Settlement With Tokenised Bills

The Monetary Authority of Singapore (MAS) plans to use wholesale central bank digital currency (CBDC) to settle tokenised MAS Bills. MAS Managing Director Chia Der Jiun outlined the plans at the INSEAD Digital Finance & Agentic AI Summit on 9 October. The initiative aims to bring tokenised assets and digital central bank money onto common infrastructure [...] The post MAS Plans Next Phase of Wholesale CBDC Settlement With Tokenised Bills appeared first on Fintech Singapore.

By Fintech News Singapore

1 min read
MAS Plans Next Phase of Wholesale CBDC Settlement With Tokenised Bills
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