According to CoinDesk, the Governing Council of the European Central Bank (ECB) has approved two work plans for the settlement of distributed ledger technology (DLT) transactions using central bank money.
The short-term solution, called "Pontes", will connect the DLT platform with the European system TARGET service to ensure the flow of cash and securities across Europe. The program is scheduled to start piloting in the third quarter of 2026. The long-term solution, "Appia", will facilitate global operations and analyze DLT-based solutions.
The ECB said the decision was in line with the European system's commitment to support innovation without compromising the safety and efficiency of financial marekt infrastructure.
European Central Bank approves distributed ledger technology settlement research project
2025-07-02 11:05:04
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