MAS partners with Malaysia, Thailand banks to advance cross-border digital money settlement

23rd October, 2026

Narayani Srinivasan
Singapore

Through the addition of two central banks and new industry participants, the initiative aims to improve interoperability and reduce the cost of cross-border transactions using tokenised deposits and regulated stablecoins.

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ABN AMRO
Bank of America
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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP
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