Project Ubin+

Pilot

Singapore

Central Bank(s)

Monetary Authority of Singapore

Announcement Year

2022

Status

Pilot

Retail/Wholesale

Wholesale

Structure

Token

Main motivation/goals of the CBDC

The project has three main objectives: (i) explore the design and application of AMMs for wCBDCs; (ii) investigate if a supra-regional network could work as an efficient and trusted hub for cross-border settlement; and (iii) research wCBDC governance models within that network.

Link to announcement

www.bis.org

Timeline

Last update: November 2022

November 2022

Status updated

None Pilot

Added data

Announcement Year: 2022

Retail/Wholesale: Wholesale

Structure: Token

Main motivation/goals of the CBDC: The project has three main objectives: (i) explore the design and application of AMMs for wCBDCs; (ii) investigate if a supra-regional network could work as an efficient and trusted hub for cross-border settlement; and (iii) research wCBDC governance models within that network.

Link to announcement: www.bis.org

Country / Region: Singapore

Central Bank(s): Monetary Authority of Singapore

News

No recent news found for this currency.