TechFlow News, March 24: According to CoinTelegraph, Piero Cipollone, a member of the European Central Bank’s (ECB) Executive Board, stated on Monday in Brussels that for Europe’s tokenized financial markets to scale, stablecoins and tokenized deposits must use tokenized central bank money as a public settlement anchor. He noted that the ECB’s DLT-based settlement project, Pontes, is expected to launch preliminarily in Q3 2026, enabling market participants to settle DLT transactions in central bank money.
Additionally, the ECB’s Appia initiative aims to develop a blueprint for a European tokenized financial ecosystem by 2028 and is soliciting feedback from stakeholders. Cipollone also warned that without a unified European legal framework for tokenization, Europe risks “building advanced settlement infrastructure on fragmented regulations.”
