Regulation & Compliance
January 13, 2025
The results of our latest collaborative CBDC sandbox experiments successfully demonstrated the use of CBDCs and other digital tokens across simulated digital trade, tokenised asset and FX networks, and payments.
Over a six-month period, we worked with 38 global institutions on the second phase of sandbox testing on our CBDC interlinking solution in one of the largest known CBDC experiments to date.
The project focused on demonstrating how the Swift connector solution could be used in more complex use cases. These include simulated digital trade, tokenised asset and FX networks, and CBDCs for payments. Over the course of the project, over 125 sandbox users made more than 750 transactions.
The experiments found that the solution has the potential to simplify and speed up trade flows, unlock growth in tokenised securities markets, and enable efficient FX settlement. And this, all while allowing financial institutions to make use of their existing infrastructure.
Find out more here: New collaborative experiments explore more complex CBDC use cases | Swift
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