In December the European Central Bank (ECB) launched a call for the first wave of participants for wholesale settlement trials involving DLT networks using central bank money (CeBM). Tests start in May. Now it has shared a detailed list of goals and questions to assess the trials of the three different settlement options.
As previously reported, these include the Bundesbank’s Trigger payment solution, the Bank of Italy’s TIPS HashLink solution and the DLT-based wholesale CBDC from the Banque de France.
One area that the Eurosystem planned to explore was 24/7 availability. However, participating banks said there’s currently no appetite for it because such a change would significantly impact bank treasury activities. Hence, the ECB pushed that topic to desktop research.
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
