ECB Approves Pontes, Appia to Settle DLT in Central Bank Money

July 2, 2025

, By Cointelegraph

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The European Central Bank (ECB) has approved a two-track plan to settle distributed ledger technology (DLT) transactions using central bank money, which could pave the way to modernizing Europe’s financial system.

The first track, dubbed Pontes, will focus on a short-term solution by linking blockchain-based DLT platforms with TARGET Services, a suite of financial services developed and operated by the Eurosystem designed to facilitate the flow of payments and securities within the eurozone.

A pilot for Pontes is expected to launch by the end of the…

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ECB Approves Pontes, Appia to Settle DLT in Central Bank Money

July 2, 2025

, Published By Cointelegraph

The European Central Bank (ECB) has approved a two-track plan to settle distributed ledger technology (DLT) transactions using central bank money, which could pave the way to modernizing Europe’s financial system.

The first track, dubbed Pontes, will focus on a short-term solution by linking blockchain-based DLT platforms with TARGET Services, a suite of financial services developed and operated by the Eurosystem designed to facilitate the flow of payments and securities within the eurozone.

A pilot for Pontes is expected to launch by the end of the…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

Fredun Pharmaceuticals Enters Pet Care Market with Strategic Acquisition of One Pet Stop

Next News

Spotify’s algorithms help alleged AI band go viral, raising questions about music’s future

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