The Swiss National Bank has successfully employed a wholesale CBDC to settle transactions with five commercial banks, the monetary authority announced. The tests are part of an experiment carried out together with the Bank for International Settlements and Switzerland’s financial services provider SIX.
The experiment, which took place in the last quarter of 2021, explored the settlement of interbank, monetary policy, and cross-border transactions on the test systems of SIX Digital Exchange , the Swiss real-time gross settlement system SIX Interbank Clearing , and core banking systems, SNB detailed.
International regulatory standards suggest that operators of systemically important infrastructures should settle obligations in central bank money whenever practical and available. While none of the existing DLT-based platforms are systemic yet, they may become so in the future.
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CBDC is useless
This swizerland scams will get nowhere
That is really cool
I agree lol
yes man, Stabila is top contender
Stabila rolling out many stablecoins in Feb
I love Stabila, no fees))))
CBDC is useless
What is the price now?
check moneta_holdings STB and stablecoins
That is really cool
This swizerland scams will get nowhere
Bitcoin USA Sweden International I am pretty sure CBDC is the amount of cbD [plant] you serve to your people. So transactions at banks, at malls, and monetary jokes are not important. But we'll track it for you. Kind of embarassing Sweden bank.
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That's amazing progress towards wide acceptance of cryptocurrency payments.
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