ECB launches Pontes pilot linking blockchain networks to TARGET
- —Pontes links blockchain networks to the TARGET system for large euro settlements
- —Banks can test issuance and settlement of digital stocks and bonds
- —A consumer digital euro pilot is scheduled for 2027
- —First issuance of a digital euro is possible no earlier than 2029, pending EU legislation
Why it matters: The ECB's tokenization infrastructure could accelerate institutional blockchain adoption across Europe.
Source: Crypto Insiders