Wholesale Network

Definition ∞ A Wholesale Network refers to a financial infrastructure designed for large-scale transactions between financial institutions, central banks, or other authorized entities, rather than direct retail consumers. In the digital asset space, this typically involves blockchain-based systems facilitating interbank transfers, institutional settlements, or the issuance of central bank digital currencies. These networks prioritize high throughput, security, and regulatory compliance for high-value operations. They serve as a backbone for institutional digital asset activity.
Context ∞ The development of Wholesale Networks for digital assets is a key focus for central banks and commercial banks exploring the future of money and payments. Discussions often center on the potential for reduced settlement risk, increased efficiency, and new forms of digital liquidity. News reports frequently cover pilot programs and research initiatives exploring the use of distributed ledger technology for interbank settlements and the issuance of wholesale central bank digital currencies.