ECB Explores DLT Settlement for Wholesale Financial Markets

The announcement reflects mounting interest in the technology from traditional financial markets, including for post-trade infrastructure that finalizes deals struck in trading venues. Euroclear, a Brussels-based firm that specializes in clearing and settlement, is set to release a new platform for DLT-based bond trading shortly, and Forge, the crypto arm of French bank Societe Generale, has introduced the CoinVertible stablecoin (EURCV), pegged to the euro, to settle digital assets.

Source: https://www.coindesk.com/policy/2023/04/28/ecb-probes-decentralized-settlement-for-wholesale-financial-markets/?utm_medium=referral&utm_source=rss&utm_campaign=headlines