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.
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