ECB publishes “Central banks on-chain” mapping tokenized central bank money, deposits, securities and stablecoins


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Promote with Leviathan NewsIn a speech at the Bank of England's Future of Money Conference in London on 1 October 2026, ECB Executive Board member Isabel Schnabel outlined how tokenisation enables faster, safer settlement through programmability and atomicity. She described a two-tier monetary system of public and private settlement assets, spanning retail and wholesale CBDC, tokenised deposits, stablecoins and tokenised assets. The Pontes project, launched 21 September 2026, offers tokenised central bank money with dual settlement via TARGET2 or DLT, with 24/7 availability and decentralised programmability planned. Project Appia explores unified and interconnected ledger architectures.
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