Jordan: Project Helvetia III - The SNB's pilot for wholesale CBDC

From snb.ch

Let me thank the BIS for the opportunity to present and discuss Project Helvetia III. It is a great pleasure to give you some insights into this pilot project of the Swiss National Bank. The pilot represents the world’s first issuance of a wholesale CBDC on a regulated third-party platform to settle commercial transactions with tokenised assets. Helvetia III is a good example of how learnings from BIS Innovation Hub projects can be leveraged for real world use. We started this work together with the Hub’s Swiss Centre and the private sector more than four years ago. In Helvetia I and II, we jointly expanded our ... (full story)