The euro wholesale CBDC is used to settle Dutch bank digital commercial paper on a distributed ledger

ChainCatcher news, Dutch bank ABN AMRO and Rabobank participated in the issuance of digital commercial paper, which was tokenized on the Deutsche Börse Clearstream D7 DLT.

It is reported that this transaction is part of the European Central Bank's distributed ledger experiment for wholesale settlement using central bank money. Dutch bank ABN AMRO has expressed a preference for using public blockchains to issue digital bonds, utilizing Ethereum, Stellar, and Polygon.