The BLOOM initiative establishes common frameworks to connect token networks and settle cross-border transactions in regulated stablecoins and tokenized deposits without separate bilateral counterpart agreements.

Stablecoins

Tokens pegged to stable value, usually the US dollar, spanning issuers and reserves, depegs, and adoption by banks and payment networks.

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Tokenization

Traditional assets like treasuries, funds, stocks and real estate brought onto blockchains as tradable tokens.

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Blockchain interoperability

Technologies that let separate blockchains exchange assets and messages, including bridges, cross-chain messaging protocols, and shared security layers.

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