Wholesale CBDCs are designed to replace legacy interbank messaging and clearing systems by integrating tokenized central bank money directly into modern financial market infrastructures.
The Mechanics of Tokenized Delivery-versus-Payment (DvP)
Wholesale CBDC platforms connect directly with tokenized securities registries to enable instant Delivery-versus-Payment (DvP) execution across financial networks:
Buyer Wallet transfers CBDC Tokens -> Seller Wallet transfers Securities Tokens -> Cryptographic atomic settlement completes simultaneously

By linking the cash and securities legs of a transaction within a single cryptographic platform, wholesale CBDCs enable atomic settlement, eliminating settlement latency, reducing counterparty credit risk, and clearing cross-border market transactions instantly.

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