First DLT-related experiment for settlement in central bank money successfully completed

16 May 2024

The Eurosystem successfully completed the first experiment in using new technologies for the settlement of wholesale transactions in central bank money. This exploratory phase will provide the Eurosystem with insights into how the TARGET Services and distributed ledger technology (DLT) platforms could interact and into the potential merits of using new technologies in wholesale financial markets.

First DLT-related experiment for settlement in central bank money successfully completed