Yep.

https://twitter.com/MarshallHa....yner/status/16045604

Every bank will have its own blockchain, its own stablecoin in $XMD basket, and will run on $METAL L0, allowing communication without the need for bridges or costly/slow settlement. They interact on $XPR (A chain) to handle cross chain trading and lending. Goodbye ACH! ???⚛️Ⓜ️

Marshall Hayner (@MarshallHayner) December 18, 2022