The Bank for International Settlements today published a speech from Singapore's central bank (MAS) referencing Global Layer One (GL1).
The initiative's June 2026 technical documentation features Chainlink's compliance technology.
GL1 participants include JPMorgan, HSBC, Standard Chartered, MUFG, Banque de France and MAS.
MAS envisions a network of networks connecting distributed ledgers and traditional financial infrastructure to support regulated cross-border transactions in tokenized assets.
MAS reports that a growing number of major DLT networks are adopting GL1 standards.
The initiative's white paper identifies Chainlink's Automated Compliance Engine (ACE) as an implementation example, including its Policy Manager, Compliance Rules Engine and Cross-Chain Identity (CCID) capabilities.
⚖️ NEW: The SEC expands options trading eligibility for multi-cryptocurrency investment products.
The move extends regulated crypto derivatives access within a U.S. options market handling over $3 trillion in daily underlying notional exposure, according to Cboe.
Replying to @Krthorpe3455
Correct. That’s exactly what the paper describes. The stablecoin moves across a blockchain such as Ethereum, Solana or Tron.
The distinction is that the stablecoin itself serves as the settlement asset, while the network’s native token is generally used to pay transaction fees.
Solana Stories: More Than A Fan
feat: @smokemonsterLA & @doodlifts
Replying to @MoneyGram
would love to bring you on again when live.
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🌑 NEW: Bank for International Settlements finds stablecoins compete with cross-border banking infrastructure.
Ethereum, Solana and Tron are identified as networks facilitating international stablecoin transfers without relying on correspondent banks or SWIFT messaging.
Researchers examine the "stablecoin sandwich," citing Félix Pago's U.S.–Mexico remittance service as a real-world application.
The findings show that stablecoin-based foreign exchange can approach wholesale market rates, while blockchain transaction fees are economically negligible.
🪙 BIS REPORT: An October 2026 Bank for International Settlements research paper outlines a potential pathway for stablecoins to gain central bank support, including access to liquidity backstops.
Generation Infinity retweeted
[Speaker Announcement]
Award-winning phone creator @toly is coming to London.
The Solana co-founder joins us at Breakpoint, 15-17 November. Bring your Seeker.
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Replying to @MaurizioACM
believe so. not positive. don't think a date has officially been announced though october has been stated in passing.










