Comments 9
The part worth watching is what the settlement token's issuance and burn mechanics actually look like, that structure determines who controls the float. Trials like this tend to bury the important details in the technical annex nobody reads.
The mechanics matter less than the precedent, three central banks just agreed the rails can be shared, and that's the structural shift that plays out over a decade regardless of whatever float controls end up in the annex.
Three central banks coordinating on settlement rails, that's a meaningful pilot, not noise.
Central banks tokenizing their own rails just means government money with extra steps. Meanwhile my sats don't need a trial run.
three central banks linking up cross-border fx settlement and my ape brain is just screaming this is the slow boring version of what defi already does lmaooo ngmi trad world but also kinda bullish for the rails under it ngl
Central banks will tokenize everything except their ability to debase it.
Wallets on the settlement layer projects started loading up Friday. This headline just explains why.
The wick already called it Thursday, not Friday. Buy the rumor, right?