Wholesale CBDC
German: Wholesale-CBDC
Central bank money for interbank and securities settlement on a distributed ledger; in several European trials the cash leg stayed in the RTGS system and the chain only triggered payment.
Why people look this up
Post-trade and settlement readers asking whether true atomic DvP in central bank money is available yet.
Auf Deutsch
Wholesale-CBDC — Zentralbankgeld für die Abwicklung zwischen Banken und im Wertpapiergeschäft auf einem verteilten Register; in mehreren europäischen Versuchen verblieb die Geldseite im RTGS-System und die Chain löste die Zahlung lediglich aus.
Related terms
Looking for how this maps to its traditional-finance counterpart rather than a standalone definition? See the Term Bridge, which also flags where the obvious analogy is wrong.