{"id":9144,"date":"2026-06-16T02:08:05","date_gmt":"2026-06-16T02:08:05","guid":{"rendered":"https:\/\/acudc.com\/?p=9144"},"modified":"2026-06-16T02:08:46","modified_gmt":"2026-06-16T02:08:46","slug":"ecb-responds-to-market-calls-for-permanent-wholesale-cbdc-including-from-deutsche-borse","status":"publish","type":"post","link":"https:\/\/acudc.com\/zh_tw\/ecb-responds-to-market-calls-for-permanent-wholesale-cbdc-including-from-deutsche-borse\/","title":{"rendered":"ECB responds to market calls for permanent wholesale CBDC including from Deutsche B\u00f6rse"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"9144\" class=\"elementor elementor-9144\">\n\t\t\t\t\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-624d676d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"624d676d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5b01699e\" data-id=\"5b01699e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-309872b elementor-widget elementor-widget-image\" data-id=\"309872b\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.7.2 - 21-08-2022 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"752\" height=\"479\" src=\"https:\/\/acudc.com\/wp-content\/uploads\/2026\/06\/News0612.02.png\" class=\"attachment-large size-large\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/acudc.com\/wp-content\/uploads\/2026\/06\/News0612.02.png 752w, https:\/\/acudc.com\/wp-content\/uploads\/2026\/06\/News0612.02-300x191.png 300w, https:\/\/acudc.com\/wp-content\/uploads\/2026\/06\/News0612.02-18x12.png 18w\" sizes=\"(max-width: 752px) 100vw, 752px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7d5cd177 elementor-widget elementor-widget-text-editor\" data-id=\"7d5cd177\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.7.2 - 21-08-2022 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#818a91;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#818a91;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>Image by Ledger Insights<\/p><p>As part of a recent Deutsche B\u00f6rse paper on the European capital markets union, the company called for a permanent wholesale CBDC\u00a0(wCBDC). This follows a series of wholesale DLT settlement trials that ended last November. Twice during the last couple of weeks, ECB Director Piero Cipollone has stated that a short term solution for central bank money settlement for DLT will be put into place soon. During a recent Banque de France event, he said the central bank is working on setting this up in months, not years.<\/p><p>There\u2019s a twofold driver behind the relatively urgent need. On the one hand, if on-chain cash is not available, institutions will start using other alternatives such as tokenized deposits or stablecoins to settle DLT securities transactions. Central bank money is usually used for wholesale securities settlement to minimize risk, so alternatives increase risks.<\/p><p>The second driver is market demand. Institutions believe a wholesale CBDC or (as a fallback) some DLT friendly central bank settlement solution is needed to encourage DLT adoption. The recent trials involved both a wholesale CBDC and two other solutions that interoperate with existing central bank payment systems. Hence, the short term solution may or may not be a wCBDC. As the trial drew to a close in November, companies asked for continuity in order to avoid losing momentum. That included someone from Clearstream, which is part of the Deutsche B\u00f6rse Group.<\/p><p>\u00a0<\/p><p>Retrieved from: <a href=\"https:\/\/www.ledgerinsights.com\/ecb-responds-to-market-calls-for-permanent-wholesale-cbdc-including-from-deutsche-borse\/\"><u>https:\/\/www.ledgerinsights.com\/ecb-responds-to-market-calls-for-permanent-wholesale-cbdc-including-from-deutsche-borse\/<\/u><\/a><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Image by Ledger Insights As part of a recent Deutsche B\u00f6rse paper on the European capital markets union, the company called for a permanent wholesale CBDC\u00a0(wCBDC). This follows a series of wholesale DLT settlement trials that ended last November. Twice during the last couple of weeks, ECB Director Piero Cipollone has stated that a short &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/acudc.com\/zh_tw\/ecb-responds-to-market-calls-for-permanent-wholesale-cbdc-including-from-deutsche-borse\/\"> <span class=\"screen-reader-text\">ECB responds to market calls for permanent wholesale CBDC including from Deutsche B\u00f6rse<\/span> Read More &raquo;<\/a><\/p>","protected":false},"author":7,"featured_media":9127,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":""},"categories":[15,9],"tags":[27],"_links":{"self":[{"href":"https:\/\/acudc.com\/zh_tw\/wp-json\/wp\/v2\/posts\/9144"}],"collection":[{"href":"https:\/\/acudc.com\/zh_tw\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/acudc.com\/zh_tw\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/acudc.com\/zh_tw\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/acudc.com\/zh_tw\/wp-json\/wp\/v2\/comments?post=9144"}],"version-history":[{"count":4,"href":"https:\/\/acudc.com\/zh_tw\/wp-json\/wp\/v2\/posts\/9144\/revisions"}],"predecessor-version":[{"id":9149,"href":"https:\/\/acudc.com\/zh_tw\/wp-json\/wp\/v2\/posts\/9144\/revisions\/9149"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/acudc.com\/zh_tw\/wp-json\/wp\/v2\/media\/9127"}],"wp:attachment":[{"href":"https:\/\/acudc.com\/zh_tw\/wp-json\/wp\/v2\/media?parent=9144"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/acudc.com\/zh_tw\/wp-json\/wp\/v2\/categories?post=9144"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/acudc.com\/zh_tw\/wp-json\/wp\/v2\/tags?post=9144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}