1/🧵 Switzerland's Project Helvetia III is a game-changer for digital finance, extending its pilot for a wholesale CBDC on the DLT-powered SDX platform. This move could revolutionize the Swiss financial system and set a global precedent. #threadstorm #leofinance #inleo
scary to have a country own it.
True
2/🧵 Vincent Gusdorf of Moody's highlights a key challenge: the scarcity of DLT-compatible digital cash. Project Helvetia III addresses this by enabling wholesale CBDC transactions, paving the way for secure and efficient financial systems.
3/🧵 With its advanced implementation, Switzerland is a frontrunner in financial innovation. The success of Project Helvetia III could attract investment, talent, and create a unified, efficient global economic system, benefiting businesses and consumers worldwide.
https://inleo.io/@buffiey/the-swiss-national-banks-helvetia-iii-project-26f