According to the announcement from the development authority, the vote to approve the $538.3 million bond inducement was unanimous, greenlighting the start of development for Project Nexus.

The Reserve Bank of India (RBI) joined Project Nexus, which aims to create a multilateral cross-border instant payment system (IPS) by 2026. Conceptualized in 2022 by the Bank for International ...

The Nexus Project, a bridging multi-network token that supports a variety of networks, is providing digital incentives for people's daily consumption behaviour by a decentralized ecosystem.

The Project Nexus is a concept developed by the Bank for International Settlements (BIS) Innovation Hub with a primary focus on to connect multiple domestic instant system globally.