Regulation· ★★★· neutral·

Bank of Spain governor: central bank money can settle tokenized asset payments

  • —Escrivá proposed a two-tier system: bank deposits for payments, central bank money as the final settlement anchor
  • —The Pontes project is due to launch in September 2026, linking DLT platforms to TARGET Services
  • —Appia is a blueprint for an integrated tokenized wholesale finance ecosystem, with a 2028 roadmap
  • —The digital euro is designed to complement, not replace, cash and remains in the preparation phase
Why it matters: A signal that central banks view tokenization and DLT as part of official monetary infrastructure, not just private stablecoins.
Source: TokenPost