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PROJECT JURA Cross-border settlement using wholesale CBDC Publication date: December 2021 ? Banque de France, Bank for International Settlements and Swiss National Bank 2021. All rights reserved. Brief excerpts may be reproduced or translated provided the source is stated. ISBN 978?92?9259?525?8 (online). FOREWORD Project Jura was conducted by the Banque de France, the BIS Innovation Hub and the Swiss National Bank in collaboration with a group of private sector ?rms based on an open call for applications. It is part of a series of wholesale CBDC experiments initiated by the Banque de France in 2020 and continues the experimentation conducted by the Swiss National Bank and the BIS Innovation Hub under Project Helvetia. “With the great success of Jura, the wholesale CBDC experiment programme launched by the Banque de France in 2020 is now completed. Jura demonstrates how wholesale CBDC can optimise cross?currency and cross?border settlements, which are a key facet of international transactions.” Sylvie Goulard, Deputy Governor, Banque de France “Project Jura con?rms that a well designed wholesale CBDC can play a critical role as a safe and neutral settlement asset for international ?nancial transactions. It also demonstrates how central banks and the private sector can work together across borders to foster innovation.” Beno?t C?uré, Head, BIS Innovation Hub “As a small open economy, Swi 。。。以下略