ECB advances digital euro, Pontes and Appia in parallel
- —ECB accepting applications from eurozone online merchants until October 27 for the digital euro pilot
- —The pilot will run 12 months, with issuance possible in 2029
- —Pontes went into production on September 21: settlement of tokenized assets in central bank money
- —Euro stablecoins under MiCA total less than $700 million versus $300+ billion for dollar ones
Why it matters: The ECB is accelerating public infrastructure to counter dollar stablecoins, which could reshape settlement of tokenized assets in Europe.
Source: Journal du Coin