Real-Time Gross Settlement (RTGS) is a system for processing financial transactions individually and continuously, without netting them with other transactions. Each transfer is settled immediately upon processing, providing finality and reducing settlement risk. This system is crucial for high-value payments and central bank operations, ensuring the instantaneous and irreversible transfer of funds. RTGS systems are vital for maintaining financial system stability.
Context
Real-Time Gross Settlement systems are increasingly relevant in discussions surrounding the modernization of payment infrastructure, including the integration of blockchain technology. Central banks are exploring how RTGS principles can be applied to central bank digital currencies (CBDCs) to enable instant and secure digital payments. The ongoing focus involves enhancing the speed and efficiency of interbank settlements and potentially extending these capabilities to broader financial markets.
The bank’s strategic deployment of a deposit-backed token on a public Layer-2 network standardizes the on-chain cash settlement layer, optimizing capital efficiency and mitigating counterparty risk for institutional clients.
This consortium aims to architect a unified, regulatory-compliant payment rail, leveraging public DLT to deliver instant, capital-efficient cross-border settlement for G7 currencies.
The bank is leveraging tokenized deposits to transform its $2.5 trillion daily payment flow, ensuring real-time, 24/7 liquidity and settlement efficiency.
This pilot validates a systemic shift to T+0 settlement for bank liabilities, drastically compressing counterparty risk across the interbank payment layer.
The central bank's pilot tokenizing Certificates of Deposit with wholesale CBDC establishes a high-velocity, T+0 settlement layer for domestic money markets.
The integration of sovereign treasuries into the Pontes DLT framework validates central bank money settlement for tokenized assets, enhancing the Eurozone's financial market infrastructure efficiency and security.
This G-SIB consortium is strategically creating a compliant, unified settlement layer to capture the multi-trillion-dollar cross-border digital payments market.
Integrating stablecoins into the Visa Direct platform enables institutional clients to pre-fund cross-border payouts, reducing settlement latency from days to minutes and optimizing global treasury liquidity.
The BoE is architecting RTGS interoperability with DLT platforms to enable atomic settlement and unlock significant capital efficiencies across the financial ecosystem.
The Regulated Liability Network PoC leverages DLT for atomic settlement of tokenized bank liabilities, reducing counterparty risk and friction in wholesale interbank payments.
The integration of fiat-backed digital assets into core payment rails establishes a new, compliant settlement layer, optimizing global liquidity and unlocking new revenue streams.
Integrating stablecoin rails via Brale enables corporate treasurers to eliminate pre-funding requirements and achieve instant, continuous global liquidity management.
This expansion integrates DLT into core wholesale settlement infrastructure, radically reducing counterparty risk and optimizing capital efficiency across the Eurozone.
Integrating XRP as an instant FX bridge eliminates trapped liquidity and reduces correspondent banking costs, driving capital efficiency in global treasury operations.
The integration of stablecoins into ClearBank's cloud platform establishes a 24/7 settlement layer, drastically reducing counterparty risk and optimizing capital liquidity for institutional cross-border payments.
Integrating a regulated payments network with blockchain rails enables T+0 institutional money movement, reducing counterparty risk and optimizing capital efficiency across European markets.
This strategic pivot integrates DLT into the core messaging layer, mitigating counterparty risk and reducing operational friction in the $700 billion global remittance market.
The RTGS synchronization layer provides a systemic on-ramp for DLT-based FMI, fundamentally reducing counterparty risk and optimizing capital velocity across the UK financial system.
The shift of B2B value transfer to on-chain stablecoins delivers T+0 settlement and superior capital efficiency, directly mitigating legacy correspondent banking friction.
JPM is leveraging the Base L2 for JPMD, creating a compliant, capital-efficient digital cash layer to accelerate institutional on-chain settlement velocity.
This industry-wide GBTD pilot leverages DLT to reduce counterparty risk and friction across three critical sterling use cases, optimizing capital efficiency and systemic integrity.
The Eurosystem's DLT settlement plan establishes a compliant, systemic rail for tokenized assets, reducing counterparty risk and friction in wholesale finance.
Stablecoin pre-funding on Visa Direct streamlines cross-border treasury operations, converting dormant pre-deposited capital into instant, programmable liquidity for 11 billion endpoints .
Integrating a regulated stablecoin on the XRP Ledger accelerates card transaction settlement from days to seconds, radically improving working capital efficiency for issuers and merchants.
This systemic pilot of tokenized deposits digitizes commercial bank money for programmable payments, enabling T+0 settlement and mitigating counterparty risk within the regulated perimeter.
The EnsembleTX pilot shifts tokenized deposits from conceptual testing to real-value transaction settlement, enhancing interbank liquidity and accelerating the regional digital asset ecosystem's maturity.
We use cookies to personalize content and marketing, and to analyze our traffic. This helps us maintain the quality of our free resources. manage your preferences below.
Detailed Cookie Preferences
This helps support our free resources through personalized marketing efforts and promotions.
Analytics cookies help us understand how visitors interact with our website, improving user experience and website performance.
Personalization cookies enable us to customize the content and features of our site based on your interactions, offering a more tailored experience.
