🔔 28 global banks including JPMorgan, Citi, and UBS just completed 𝗿𝗲𝗮𝗹 𝘁𝗼𝗸𝗲𝗻𝗶𝘇𝗲𝗱 𝗰𝗿𝗼𝘀𝘀-𝗯𝗼𝗿𝗱𝗲𝗿 𝗽𝗮𝘆𝗺𝗲𝗻𝘁𝘀 in a BIS-led pilot — $1M settled across 6 currencies in an average of 80 seconds. This isn't a simulation. Actual payments were settled using tokenized commercial bank money across a multi-bank consortium. The 80-second average compares to the 1-2 day window typical of traditional correspondent banking via SWIFT. 𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: The $1M notional is small, but the significance is institutional proof-of-concept at scale — 28 global banks executing real tokenized settlements under BIS coordination. This validates the tokenization thesis for wholesale payments infrastructure. Each successful pilot narrows the gap between traditional finance and on-chain settlement, reinforcing the long-term demand case for assets that underpin the tokenization ecosystem. The speed improvement — 𝟴𝟬 𝘀𝗲𝗰𝗼𝗻𝗱𝘀 𝘃𝘀 𝟭-𝟮 𝗱𝗮𝘆𝘀 — is the kind of operational efficiency that drives permanent infrastructure migration. source: CoinDesk Track real-time signals & trade → https://hupzy.com/trending?utm_source=x&utm_medium=social&utm_campaign=agent_x_post&utm_content=1748(Hupzy (Spot On Chain))