The goal
of this PoC is to showcase the synchronized movement
of two different currencies across two different RTGS
systems and how this
kind of synchronization might lower
settlement risk and improve the speed and efficiency
of cross-border payments.
As the Financial Times reports, Euroclear, which works with different
kinds of financial assets
of the total amount
of more than $ 27 trillion, intends to study the perspectives
of creating a new
settlement system for London gold market.