Project Jura explores the direct transfer of Euro and Swiss franc wholesale central bank digital currencies (wCBDCs) between French and Swiss commercial banks on a single DLT platform operated by a third party.

Tokenised asset and foreign exchange trades are settled safely and efficiently using payment versus payment (PvP) and delivery versus payment (DvP) mechanisms.

The experiment was successfully conducted (since 2020) in a near-real setting, using real-value transactions and complying with current regulatory requirements.

It is a public-private collaboration involving the Banque de France, the BIS Innovation Hub Swiss Centre, the Swiss National Bank and a private sector consortium including Accenture, Credit Suisse, R3, SDX, UBS + support from Heuking, Linklaters, OCTO Technology.


Access information about Project Jura from the BIS website (the Banque de France and Swiss National Bank also have dedicated pages) at: