ECB Outlines Three Models for Putting Central Bank Money Onchain
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13 Articles
The European Central Bank (ECB) has presented three models for connecting central bank money with tokenized finance. ECB's Isabel Schnabel... The post ECB presents three models for connecting central bank money and tokenized markets first appeared on NADA NEWS.
The ECB is preparing the integration of the central bank currency into the tokenized markets. Isabel Schnabel, member of the Executive Board of the institution, has presented several models for circulating bank reserves on DLT infrastructures, while maintaining the central bank currency at the heart of the system. The European central bank wants to put itself "onchain" appeared first on Cryptoast.
ECB's Schnabel described three models that would bring central bank money online; the Pontes DLT clearing platform is scheduled to be operational from September 21, 2026.
ECB Board Member Argues Why Central Banks Need to Be On-Chain
Isabel Schnabel believes central banks will benefit from embracing Tokenization. Schnabel thinks direct issuance on DLT is favored to keep policy operations on-chain. Tokenization provides a historic opportunity to overcome structural fragmentation. ECB Executive Board member Isabel Schnabel has argued that central bank money must migrate natively onto distributed ledger technology rails to unlock the full benefits of Tokenization and protect f…
Key points of the news: Isabel Schnabel presented three models to bring money from central bank to programmable infrastructure: Tokenized reserves, synchronized settlement between RTGS and DLT, and private tokens backed by reserves. Direct issuance places onchain reserves, while bridging keeps them offchain and private intermediation creates claims backed by reserves. Pontes already combines TARGET2 and DLT, while Appia explores future architect…
The ECB is examining how central bank money can be used on blockchain infrastructure. Three models are currently under discussion. Source: BTC-ECHO BTC-ECHO
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