Wholesale corridors
Production messaging + settlement rails connecting central banks and tier-1 banks. Not assets — Rivier never holds a corridor; we surface them so an institutional treasury knows which rail to ride for which jurisdiction pair.
Swift + Chainlink
Symbol
Swift_CCIP
Participants
Global (all Swift members)
Required to access
Swift membership
Production since November 2025. Lets ~11k+ Swift members initiate tokenized-asset settlements through their existing Swift connection — Chainlink CCIP carries the on-chain leg. Single most-mainstream corridor for tokenized-asset settlement; the rail BlackRock BUIDL, Ondo, and most institutional RWA flow rides.
BIS Innovation Hub + 5 central banks
Symbol
mBridge
Participants
CN, HK, AE, TH, SA
Required to access
Central bank participation
Multi-CBDC platform for cross-border wholesale payments between CBDCs of participating jurisdictions. Production since 2024; UAE executed the first live cross-border tx. Connects China (eCNY), Hong Kong (eHKD wholesale), UAE (Digital Dirham wholesale), Thailand, Saudi Arabia. Observer participants include ECB, BOK, NBR.
Hong Kong Monetary Authority
Symbol
Project_Ensemble
Participants
HK
Required to access
HKMA-licensed bank
HKMA's wholesale CBDC sandbox-graduating-to-production. EnsembleTX is the live messaging layer; the first cross-bank tokenized-deposit tx (HSBC ↔ another participant) ran in November 2025. Production-track for tokenized deposits, RWAs, and e-HKD wholesale settlement.
BIS Innovation Hub + 7 central banks
Symbol
Project_Agora
Participants
US, GB, JP, KR, CH, EU, MX
Required to access
Central bank participation, IIF private firm
BIS Innovation Hub project exploring tokenized commercial-bank deposits + tokenized wholesale central-bank money on a unified ledger. 40+ private financial firms participate via the IIF. H1 2026 report expected; this is the rail most likely to define the institutional 2027+ baseline.
Tietoevry (for MMA)
Symbol
MIPS_Favara
Participants
MV
Required to access
MMA-licensed institution
Maldives Monetary Authority's instant-payments rail, operated by Tietoevry. Production since 2024. Pairs with the planned Maldivian rufiyaa CBDC (MVR_CBDC) — same operator continuity.
For most institutional flows in 2026, Swift × CCIP is the rail that already touches your settlement plumbing. mBridge and Project Ensemble matter when one leg of the corridor is APAC. Project Agorá is the most likely 2027+ baseline once the H1 2026 BIS report ships. Rivier integrates corridor awareness into the curator so settlement suggestions match the right rail per counterparty pair.