๐ ECB is taking blockchain testing to the next level! ๐ With 48 financial giants like HSBC, J.P. Morgan, and BNP Paribas on board, they're exploring new use cases for distributed ledger technology (DLT). Think wholesale domestic payments, securities-related use cases, and even foreign exchange payment-versus-payment transactions among central banks. ๐ฐ๐ฑ
The tests could even pave the way for central bank digital currencies (CBDCs)! ๐ What's your take on this? Are CBDCs the future of finance? Let's chat in the comments! ๐๐ผ #Blockchain #CryptoNews #ECB #CBDCs