Last month the Eurosystem wholesale DLT settlement trials using central bank money ended. The European Central Bank (ECB) said it will discuss the lessons learned with participants in January and will consider next steps. Some participants hoped for an extension of the trials to maintain momentum. Switzerland’s wholesale CBDC pilot was extended by two years shortly before it ended.
According to the ECB there were more than 200 transactions with a total value of €1.59 billion. Sixty four institutions took part in over 40 trials and experiments. Trials involved real money, whereas experiments were simulations.
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