Swiss wholesale CBDC pilot kicks off in alliance with central, commercial banks

by Aurelia Butler 2 November 2023, 11:00 109 Views

The pilot project dedicated to wholesale CBDC, named Helvetia Phase III, will test the efficacy of a Swiss Franc wCBDC in settling digital securities transactions. The pilot builds on the findings of the first two phases — Helvetia Phases I and II — conducted by the BIS Innovation Hub, the SNB and SIX.

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Source: Cryptocurrency - investing.com

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Swiss wholesale CBDC pilot kicks off in alliance with central, commercial banks

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