Banque de France partners HKMA to explore interoperability between wholesale CBDC infrastructures

The Banque de France and the Hong Kong Monetary Authority are collaborating to test how wholesale central bank digital currencies can facilitate cross-border payments through an interoperability study involving France's DL3S and Hong Kong's Ensemble Sandbox. The project, part of the European Central Bank's exploration into digital currencies, aims to enhance settlement efficiency and explore various payment use cases, including real-time transactions and securities settlement on distributed ledger technology platforms. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: FinTech Futures