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DTCC pilot identifies US CBDC settlement needs
Private sector initiative explores how tokenized securities, digital dollar would operate
The Asset
5 Dec 2022
The Depository Trust & Clearing Corporation ( DTCC ), in collaboration with the Digital Dollar Project ( DDP ) and with the support of Accenture, has publish a paper outlining key findings from the pilot ( formerly known as Project Lithium ), the first private sector initiative to explore how tokenized securities and a wholesale central bank digital currency ( CBDC ) could operate within the US settlement infrastructure leveraging distributed ledger technology ( DLT ).