Overview
Project Agorá is a bis Innovation Hub public-private collaboration testing a multi-currency shared programmable platform for wholesale cross-border payments using tokenized central bank reserves and tokenized-deposits.
Recent Developments
- 2026-07: Completed real-value testing (RVT): 28 institutions + central banks; ~CHF 800,000; ~80s average settlement; 17 scenarios (2026-07-31-bis-agora-official-rvt).
- Currencies reported: USD, EUR, GBP, JPY, CHF, KRW (2026-07-31-bis-project-agora-tokenized-payments).
- Facilitator: SIX; technology: Kaleido.
- Prototype not integrated with live RTGS/core banking — testing continues.