Wholesale CBDC Would Improve Cross-Border Payments, Banque de France Tests Show

“Through these experiments, the Banque de France shows the operational feasibility and practical implementation of the three models it has conceptualized for issuing wCBDC directly on DLT [distributed ledger technology],” the central bank said, adding that different types of DLT were used to test applications in asset tokenization and the improvement of cross-border transactions.