ECB launches Pontes for settling tokenized wholesale assets without stablecoins
ECB launched Pontes, enabling financial institutions to settle wholesale tokenized asset transactions in central bank money as an alternative to private settlement assets such as stablecoins.
The European Central Bank launched Pontes, a system that lets financial institutions settle wholesale tokenized asset transactions in central bank money, offering an alternative to private settlement assets such as stablecoins. The ECB said Pontes was announced on Monday as part of the Eu…