Automated market maker
From ACT Wiki
Central bank digital currencies - Bank for International Settlements (BIS) - decentralised finance (DeFi).
(AMM).
An automated market maker is a system that facilitates automated trading of digital assets without an intermediary.
- Improving cross-border payments
- "Project Mariana uses DeFi protocols to automate foreign exchange markets and settlement, potentially improving cross-border payments...
- Today, DeFi built on public blockchains uses smart contract protocols to automate markets for crypto and digital assets.
- AMM protocols combine pooled liquidity with innovative algorithms to determine the prices between two or more tokenised assets.
- In the future, similar AMM protocols could form the basis for a new generation of financial infrastructures facilitating the cross-border exchange of CBDCs."
- Bank for International Settlements - 2 November 2022.
See also
- Bank for International Settlements (BIS)
- Blockchain
- Britcoin
- Central bank
- Central bank digital currency (CBDC)
- Currency
- Decentralised finance (DeFi)
- Digital asset
- Digital currency
- Digital Dollar Project (DDP)
- Digital euro
- Digital public money
- Distributed ledger
- e-krona
- e-money
- European System of Central Banks
- Eurosystem
- Intermediary
- Money
- Multi-CBDC arrangement
- Project Icebreaker
- Project Mariana
- Protocol
- Retail central bank digital currency
- Sand Dollar
- Smart contract
- Stablecoin
- Tokenise
- Unbanked
- Under-banked
- Wholesale central bank digital currency (wCBDC)
