ECB Explores DLT Settlement for Wholesale Financial Markets

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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.

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