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Clearing company tests out securities transaction settlements on blockchain networks

The project was designed “to better understand the implications of a U.S. Central Bank Digital Currency (CBDC) on post-trade settlement,” especially on DvP (delivery versus payment) settlements, sometimes called atomic settlements, that ensure securities transfers only take place simultaneously or nearly simultaneously with payment. No U.S. CBDC has been developed or even authorized yet.

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Source: Cryptocurrency - investing.com

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