The central bank alliance chain is here, with second-level clearing + atomic settlement, the Web3 representative of traditional finance has finally submitted its homework.

According to Bloomberg, the Bank for International Settlements and partners will launch the real-value cross-border payment test of Project Agorá, involving seven central banks, the New York Fed, the European Central Bank, the Bank of Japan, and over 40 regulatory agencies. The prototype uses a unified ledger and blockchain, completing cross-border clearing within seconds, with transactions executed atomically, while retaining sanctions and anti-money laundering screening. The Bank of Canada has joined, and more institutions are expected to participate in the future.