Singapore
Fintech News SG
MAS Plans Next Phase of Wholesale CBDC Settlement With Tokenised Bills
- MAS will use wholesale CBDC to settle tokenised MAS Bills as the next phase of its digital currency settlement efforts.
- MAS Managing Director Chia Der Jiun unveiled the plans at the INSEAD Digital Finance & Agentic AI Summit on 9 October.
- The initiative seeks to integrate tokenised assets and digital central bank money onto a shared, common infrastructure.