European Central Bank

European Central Bank

Clearstream has announced its participation in trials conducted by the European Central Bank (ECB) to explore the use of Distributed Ledger Technology (DLT) for central bank money settlement. The company will be connecting to all three central bank digital offerings: Bundesbank’s Trigger Solution, Banca d’Italia’s TIPS Hash-link, and Banque de France’s Full DLT Interoperability.

This move by Clearstream highlights the increasing interest and investment in DLT within the financial sector. By joining the ECB trials, Clearstream aims to leverage the benefits of DLT to enhance central bank money settlement processes. The trials will provide valuable insights into the potential applications and advantages of DLT in this critical area of financial infrastructure.