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30 de sept. de 2025 SINGAPORE: The central banks of Singapore, France and Switzerland in collaboration with the Bank for International Settlements (BIS) have successfully concluded a The Bank for International Settlements (BIS) and the central banks of France, Singapore and Switzerland have successfully concluded Project Mariana. The project tested the cross-border 28 de sept. de 2025 The central banks of France, Switzerland, and Singapore collaborated with the Bank of International Settlements (BIS) to conduct a joint test for cross-border payments The foreign exchange and liquidity management part of the initiative was called Project Mariana. As per MAS, this project involves Banque de France, the Swiss 28 de sept. de 2025 The Monetary Authority of Singapore has teamed up with the Bank for International Settlements (BIS) and central banks in France and Switzerland to test cross

Singapore, France & Switzerland Collaborate on CBDC Project Mariana

Singapore has joined forces with the central banks of France and Switzerland, along with the Bank for International Settlements (BIS), to successfully conclude Project Mariana, a groundbreaking initiative exploring the possibilities of cross-border central bank digital currency (CBDC) payments. The Monetary Authority of Singapore (MAS) teamed up with Banque de France and the Swiss central bank to conduct this joint test, aiming to improve the efficiency and security of international transactions. As per MAS, this project involves Banque de France, the Swiss National Bank, and the BIS.

Announced on September 28, 2025, Project Mariana focused on testing the cross-border foreign exchange and liquidity management aspects of CBDCs. Specifically, the project investigated how tokenized currencies could be used for international settlements.

The project, officially concluded by September 30, 2025, represents a significant step forward in understanding the potential of CBDCs and their role in the future of global finance. The Bank for International Settlements (BIS) and the central banks of France, Singapore and Switzerland have successfully concluded Project Mariana. This collaboration underscores Singapore's commitment to innovation and its position as a leading hub for fintech development.

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