France and Luxembourg settled bonds worth 100 million euros ($104 million) using an experimental central bank digital currency (CBDC), according to CoinDesk, with Nathalie Aufauvre, director of financial stability and operations at the French central bank, saying, “The Venus Initiative shows how Issuing, distributing and settling digital assets within the Eurozone within a day, and confirms that a well-designed CBDC can play a key role in the development of a secure tokenized financial asset space in Europe". The trial is the latest in a series of CBDC tests by the French central bank to manage liquidity in decentralized finance and settle cross-border transactions.