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Bank of Canada

Canada's central bank.

CanadaTokenized bonds and wholesale digital currency settlement layer
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Apr 20, 2026
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Tokenized bonds and wholesale digital currency settlement layerApr 20, 20262 min

Connecting Silos: Why a Common Digital Canadian Dollar is Essential for Financial Infrastructure

Jonathan Hayward’s work, particularly within the context of the Bank of Canada’s efforts, points to a pivotal moment in Canadian finance. The recent launches, such as the tokenized bond settlement in Project S...

↗ To build a truly resilient and internationally competitive digital financial system, Canada must develop a wholesale digital Canadian dollar that acts as an open, common settlement layer connecting isolated domestic platforms with global U.S.-dollar markets.

Bank of CanadaToronto/MontrealResearch ✓
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