CBDC Pilots Interacting with Public Chains
Code: NT-127
Tags: #cbdc #policy #interop
Language: en
Catalyst
Multiple central banks moved sandbox CBDCs onto permissioned ledgers with read-only hooks into Ethereum and Solana to test programmability.
Structural Shifts
Commercial banks act as interface providers, bridging retail wallets to state-backed tokens while exposing audited APIs developers can call. Identity layers integrate with zero-knowledge proofs to keep retail privacy intact.
Experiment Log
Pilot metrics include TPS during wholesale settlement trials, interoperability with DeFi collateral modules, and offline payment prototypes using secure elements.
Risk & Opportunity Grid
Opportunities: instant cross-border settlement and programmable tax logic. Risks: jurisdictional data sharing, wallet blacklisting, and crowding out private stablecoins if access thresholds stay low.