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The Bank of England, the Monetary Authority of Singapore, and the Bank of Thailand: Project Meridian FX APAC

Bank of England·Nov 13, 2026 · 3:00 AM CT
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The Bank of England, the Monetary Authority of Singapore and the Bank of Thailand published findings from Project Meridian FX APAC, a trial of synchronized foreign-exchange settlement across their test systems. The project tested payment-versus-payment and multilateral net FX settlement spanning real-time gross settlement and distributed-ledger platforms, with Partior building a Synchronisation Operator prototype. Officials said the work shows how coordinating movements of central bank money could make cross-border FX safer and more interoperable, and it informs the Bank of England's plan to launch a live synchronisation interface in 2028.

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Read the original at Bank of England

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