ECB launches survey towards CBDC development
The Eurosystem has published a survey on its plans for trials and experiments on new technologies for wholesale central bank money settlement. The survey aims to gather feedback from market participants and stakeholders on the potential benefits, challenges, and use cases of a wholesale central bank digital currency (CBDC) that would facilitate cross-border payments and financial market infrastructures. You might also like: ECB executive Fabio Panetta aims for digital euro expansion The survey , which is open until Nov. 15, covers four main topics: The current state of play and challenges in cross-border payments and financial market infrastructures. The possible features and design options of a wholesale CBDC. The potential impact and implications of a wholesale CBDC on the financial system and the economy. The possible scenarios and use cases for testing and experimenting with a wholesale CBDC. The survey is part of the Eurosystem’s ongoing work explor...