Singapore to launch wholesale CBDC testnet for tokenization trials
Jinse Finance reported that the Monetary Authority of Singapore (MAS) plans to launch a wholesale central bank digital currency (CBDC) testnet this week to support real-time tokenization experiments. This move will provide infrastructure for cross-border settlements and tokenized transactions. The test adopts a hybrid approach, offering both wholesale CBDC and interoperability solutions that connect with other DLT networks.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Polymarket quietly relaunches US trading platform in Beta mode
Data: ICP drops over 20% in 24 hours, C98 rises over 6%
