"Global Layer One", a whitepaper focused on the development of a foundation layer for financial networks, was released in June 2024 as a collaboration between the Monetary Authority of Singapore (MAS), international policymakers, and financial institutions. Global Layer One (GL1) focuses on enhancing cross-border payments and the settlement of capital market instruments by providing an open, standards-based platform for financial institutions using distributed ledger technology. As part of our "Just the Facts" series, GBBC has released a fact card that focuses on what GL1 is, who is involved, the architecture, design principles, and next steps.

  • Download it here.

  • Read the full whitepaper on GL1.

GBBC is a non profit focusing on education, partnerships, and standards for the blockchain and digital assets community. GBBC does not lobby.

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