The ECB said it could make wholesale transactions faster and more efficient by combining issuance, trading, settlement, custody and servicing on a single platform while enabling automation through smart contracts. Pontes will expand its services and operating hours gradually, with full implementation expected by 2028 and more participants set to join.
Pontes will expand its services and operating hours gradually, with full implementation expected by 2028 and more participants set to join.
Bank (ECB) launched Pontes, a system that allows financial institutions to settle wholesale tokenized asset transactions in central bank money, providing an alternative to private settlement assets such as...
The system initially offers a core set of services, with full implementation expected by 2028.
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Pontes will expand its services and operating hours gradually, with full implementation expected by 2028 and more participants set to join. Bank (ECB) launched Pontes, a system that allows financial institutions to settle wholesale tokenized asset transactions in central bank money, providing an alternative to private settlement assets such as stablecoins. The system initially offers a core set of services, with full implementation expected by 2028.
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