For instance, TARGET2 offers efficient and secure settlement in central bank money, but it would be unable, without the development of ad hoc interfaces (or the issuance of central bank money in the form of tokens) to simultaneously settle the cash leg of financial transactions happening on a DLT.
These include investing in new markets and products and improving your competitive position. As a country, we need to leverage the broad trade access we have and work with like-minded countries to foster a renewed spirit of open, rules-based trade that works for the 21st century.