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![PeterBourg30061 Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1828401003567120384.png) Peterb [@PeterBourg30061](/creator/twitter/PeterBourg30061) on x 1836 followers
Created: 2025-07-26 12:43:38 UTC

Excellent outline of theses critical processing relationships Taro!

- FortisNet integrates Project Hamilton's high-speed CBDC technology, BIS's Corporate Digital Identity, and Ripple's Interledger Protocol to create a scalable cross-border payment system, addressing G20-identified issues like high costs and slow settlements, with a 2023 BIS report noting a X% reduction in transaction costs using DLT.
- Interledger Protocol enhances FortisNet by connecting closed banking networks to public blockchains and DeFi, potentially reducing reliance on U.S. dollar systems, aligning with BRICS nations' de-dollarization efforts, which saw a XX% drop in dollar use in trade settlements by 2024 per IMF data.
- BNY Mellon's role as a liquidity anchor leverages its $XXXX trillion in assets under custody (2020 data) to bridge regulated and open DLT environments, though its success hinges on overcoming regulatory fragmentation, a challenge highlighted in a 2022 BIS study on global payment interoperability.


XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1949088221108863144/c:line.svg)

**Related Topics**
[bis](/topic/bis)
[protocol](/topic/protocol)
[stocks technology](/topic/stocks-technology)
[cbdc](/topic/cbdc)
[taro](/topic/taro)

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