Tuesday, October 13Global edition

Platforms

Big tech, apps, the internet

ECB launches blockchain link to settle tokenised trades in central bank euros

The Pontes service connects DLT trading platforms to the ECB's existing TARGET payment system, letting banks settle digital assets in ECB-backed euros rather than stablecoins. Thirteen institutions including Deutsche Bank and Santander were live at launch, with round-the-clock operation planned by mid-2028.

2 min read