Central banks are exploring whether wholesale CBDCs (wCBDCs) can enhance settlement of tokenised assets. Existing RTGS systems could deliver the solutions through APIs. While wCBDCs may streamline direct central bank settlements or use automated market makers, questions about feasibility, liquidity, and cost savings remain to be answered. The exploration of wCBDCs should therefore consider the existing capabilities of the financial system and the potential for private sector solutions to meet market needs effectively.
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