ECB Says Stablecoins and Tokenized Deposits Need Central Bank Money

ECB Says Tokenized Markets Need Central Bank Money to Scale in Europe

TL;DR The ECB says stablecoins and tokenized deposits need tokenized central bank money if Europe’s tokenized financial markets are to scale safely and efficiently. Cipollone pointed to Pontes, due for an initial launch in the third quarter of 2026, and Appia as key core building blocks. He also warned that without public-private coordination and a holistic legal framework, Europe could build modern settlement rails without achieving a fully sc…

ECB Warns Europe “Could Lose Monetary Sovereignty” to Dominant Stablecoins

A European Central Bank executive delivered a keynote speech in Brussels, warning that digital finance could become dominated by a few major providers. Piero Cipollone, a member of the ECB’s Executive Board, said “a single dominant platform and stablecoin with broad network effects” would have “serious consequences for Europe’s monetary sovereignty.”Singapore Summit: Meet the largest APAC brokers you know (and those you still don't!).The comment…

ECB Revives Tokenized Money Push with Pontes, Appia Plans

The ECB renews efforts on tokenized central bank money, launching Pontes and planning Appia.

ECB says stablecoins, tokenized deposits need central bank money to scale

ECB Executive Board member Piero Cipollone said private digital money cannot scale Europe’s tokenized markets on its own, pointing to Pontes and …

ECB: Central-bank money needed to scale stablecoins, tokenized deposits

European Central Bank Executive Board member Piero Cipollone warned that tokenized deposits and stablecoins in Europe will only scale if they rest on tokenized central bank money as a public settlement anchor. In remarks delivered in Brussels, Cipollone pointed to Pontes, the Eurosystem’s distributed ledger technology settlement initiative, which aims to connect market DLT platforms with the Eurosystem’s TARGET Services and settle transactions i…

ECB Says Stablecoins Need Central Bank Backing to Scale

ECB warns stablecoins must link to central bank money. Pontes launch in 2026 aims to scale tokenized markets as Europe pushes crypto growth.