According to Odaily Planet Daily, CACEIS, a joint venture between Credit Agricole CIB and Santander Bank, participated in the ECB's wholesale DLT settlement trial. The experiment simulates cross-border payments using a tokenized agency banking model and uses wholesale central bank digital currency (wCBDC) for interbank settlement. The ECB's trial involves three central bank currency solutions, of which the Bank of France's DL3S is the only solution that provides wCBDC or on-chain cash. The trial will end this month.