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UK, Singapore, and Thailand complete tokenized FX settlement trial

Evidence first: scan the strongest sources, then decide whether to go deeper.

Published 2026-11-13 09:00 UTCUpdated 2026-11-13 12:28 UTC
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tokenizationsettlementforeign_exchangecentral_banksinstitutional_infrastructure
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Evidence trail (top sources)
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Overview

The Bank of England, Monetary Authority of Singapore, and Bank of Thailand announced the completion of Project Meridian FX APAC, a foreign-exchange settlement trial linking traditional and tokenized systems.

Entities
Bank of EnglandMonetary Authority of SingaporeBank of ThailandProject Meridian FX APAC
Why now
  • The participating central banks announced completion of the trial.
  • The update provides a concrete example of institutional testing of tokenized settlement systems.
Why it matters
  • The trial directly concerns interoperability between traditional and tokenized settlement systems.
  • It links tokenized infrastructure with cross-border foreign-exchange settlement.
Evidence assessment
Recurring claims
  • The three central banks completed a foreign-exchange settlement trial linking traditional and tokenized systems.
How sources frame it
  • Bank Of England, MAS, And Bank Of Thailand: neutral
  • The Block: neutral
A two-source report on a completed cross-border FX settlement trial.
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