The Bank for International Settlements (BIS) and the central banks of France, Singapore, and Switzerland just recently announced the successful completion of a new CBDC initiative called Project Mariana. This project tested cross-border trading and settlement of wholesale central bank digital currencies (wCBDCs) between financial institutions. As per reports, the novel project leverages the concepts of Decentralized Finance (DeFi) technology on a public blockchain, possibly bringing a new dawn in the digital currency world.
Source: Wayne Jones, 2023-10-02; https://cryptopotato.com/bis-and-central-banks-make-waves-with-successful-cbdc-test-in-project-mariana/