Ledger Insights: Friday July 19, 2024
Cboe Clear Europe tested the use of a wholesale CBDC for margin calls as part of the Eurosystem wholesale DLT settlement trials
The pan-European clearing house Cboe Clear Europe took part in the Eurosystem wholesale DLT settlement trials alongside ABN Amro Clearing Bank. It tested the use of wholesale central bank digital currency (wCBDC) as collateral for margin calls. Most trials by other institutions focused on securities settlement. Currently securities trading activity continues after the EUs TARGET []
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