用批发中央银行数字货币（wCBDC）实现金融市场现代化

This report explores the potential of wholesale central bank digital currency (wCBDC) to modernize financial markets. The report covers foundational key concepts, use cases for wholesale financial markets, the digital money continuum, wCBDC initiatives, industry challenges, areas of differentiated value, persistent industry challenges, trade-offs and considerations, RTGS systems, alternative payment instruments, multi-token and multi-system future, and a conclusion. The report is interactive and can be downloaded and opened with Adobe Acrobat. The findings and conclusions are based on a collaborative process facilitated and endorsed by the World Economic Forum, but do not necessarily represent the views of the forum or its members.