Payments modernization without risk

1M+ tps. Secure. Turnkey.

Free of cryptocurrency, M10 digitizes money issuance.

M10 works with central banks and commercial banks by supplying the technology that tokenizes two types of fiat money to ensure a safe, regulatory compliant solution:

Commercial bank money (M1)
Central bank money (M0)

Instant cross-border remittance

Funds are settled instantly and both parties are notified immediately that the funds were received.

A purpose-built blockchain and full regulatory compliance avoids the problems of stablecoins.

M10 is faster, cheaper and safer than Libra.

Intra-bank transfers

A bank with branches in several countries needs to transfer funds between them. This may be for the bank’s own purposes or for clients.

This can be painfully slow and only possible during weekdays. No more.

With M10, funds transfer and settle instantly between countries 24x7 without the use of those pesky nostro accounts.

It’s a dream come true for treasury managers.

Capital Markets

Instant settlement of funds and no counter-party risk.
Treasury Management

Check balance and move funds around the globe in real-time.
Internet of Things

High throughput, low latency and low cost payments for IoT.
B2B Payments

Faster access to cash.
Reduced cost of capital.
CBDC

Central bank digital currency without disrupting commercial banks.
P2P Payments

Instant settlement. Even for cross-border payments.

Banks
Central Banks

Federated and fungible

Get and redeem digital money from any participating bank.
24x7

Instant settlement 24x7x365. Even when CB’s are closed.
Open, secure APIs

Modern APIs secured through asymmetric cryptography.
High throughput

Up to one million transactions a second at millisecond latency.
Low cash requirements

More efficient cash management for banks.
Easy to join and deploy

Minimum integration effort for banks to join.
Instant settlement

Transferred funds are available immediately.
No counterparty risk

Real-time settlement on every transaction.
Built-in FX

Transactions are faster and cheaper with FX on the rail.

Instant payments

Transactions settle instantly for local and cross-border.
24x7

M0 money is available day and night all year around.
Secure

Modern APIs secured through asymmetric cryptography.
Private

Banks see their customers’ data. Central bank can see everything.
Maintains banking system

Central banks keep serving banks who keep serving individuals and companies.
Tunable monetary policy

Tune an individual bank’s M1:M0 ratio.
Eliminates counterparty risk

Transactions settle instantly with finality.
Highly scalable

Up to one million transactions a second at millisecond latency.
Backup FMI

Does not fail when core banking systems, or RTGS fails.

The core of M10 is a centralized, shared hierarchical ledger.

Rather than each bank having its own digital money ledger, M10 provides a shared ledger where all banks and their customers have digital money accounts.

There is one ledger and multiple issuers per currency.

Inter-bank settlement with digital central bank money avoids counterparty risk.

M0 Level
Clearing banks linked to a currency’s RTGS.
M1 Level
Commercial banks and their customers.

The benefit of using a hierarchical ledger is that all accounts are present in the same environment, making transfers instant. It enables instant debits and credits.

Frequently Asked Questions

Performance

Designed for high throughput, low latency applications.
Process up to 1 million transactions per second at millisecond latency.

Open, secure APIs

Easy, direct access to open, secure REST-based APIs, or use our SDKs.
Quickly build applications with embedded instant cross-border payments capabilities.

Security

The ledger guarantees immutability as all transactions are digitally signed.
Digital signatures are generated using private keys and are verified using the associated public key.

Join the M10 network without engaging IT.

Banks get on the M10 network by simply signing a network agreement. Customer accounts are funded through our gateways to incumbent payment rails. This means zero IT integration effort for banks.

For added functionality, banks may optionally share a few of their core banking APIs with us and we do the heavy lifting to integrate and deploy a secure on-premise server that communicates with the M10 network.

There is no easier way for banks to get started with digital money.

If you can read, you can use our API.

Developer access to the M10 digital money rail is easy and secure.

It’s a hard problem and that’s what we love.

Founded in 2019, M10's mission is to overcome the problems with transferring money internationally, so people worldwide can do business without friction.