ECB Launches Pontes to Settle Tokenized Assets without Stablecoins

ECB launches Pontes to settle tokenized assets without stablecoins

Pontes will expand its services and operating hours gradually, with full implementation expected by 2028 and more participants set to join. The European Central Bank (ECB) launched Pontes, a system that allows financial institutions to settle wholesale tokenized asset transactions in central bank money, providing an alternative to private settlement assets such as stablecoins. The […]

The European Central Bank has officially launched a digital payment system in euros for transactions with tokenized assets between banks

The European Central Bank has officially launched a digital payment system in euros for transactions with tokenized assets between banks.

ECB launches Pontes, bringing central-bank settlement to tokenized markets

Since banks will be initial users, the system could make it easier to settle tokenized securities using central-bank money.

ECB launches Pontes to settle tokenized trades in central-bank money

The European Central Bank (ECB) delivered its new Pontes Eurosystem rail on Monday, allowing banks to exclusively settle tokenized asset trades in money issued by the central bank, locking out privately issued stablecoins or bank deposits from the digital payment system.  ECB President Christine Lagarde confirmed the launch following the Eurogroup meeting, with the president...

European Central Bank Unveils Pontes: A New Gateway for Tokenized Asset Settlement

The ECB activates Pontes platform for settling tokenized assets in central bank money, bridging distributed ledger technology with TARGET infrastructure.