ECB: Stablecoins and Tokenized Deposits Must Use Central Bank Money as Settlement Anchor

DeepFlowTech · 2026-03-24T09:43:15+00:00

European Central Bank official Cipollone stated that stablecoins and tokenized deposits must be settled using tokenized central bank currency as the settlement basis to promote the large-scale development of tokenized financial markets. He revealed that the euro system's DLT settlement project Pontes will be launched in 2026, and called for the establishment of a unified legal framework for tokenization by 2028 to avoid the risks associated with fragmented regulations.

DeepFlowTech

2026-03-24 09:43:15

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Deep Tide TechFlow News, March 24 — According to CoinTelegraph, Piero Cipollone, a member of the European Central Bank Executive Board, stated in Brussels on Monday that for Europe’s tokenized financial markets to achieve scale, stablecoins and tokenized deposits must be anchored to tokenized central bank currency as a public settlement standard. He noted that the Euro system’s DLT settlement project Pontes is expected to go live in early Q3 2026, allowing market participants to settle DLT transactions with central bank currency.

Additionally, the ECB’s Appia project aims to build a blueprint for Europe’s tokenized financial ecosystem by 2028 and is calling for feedback from all parties. Cipollone also warned that without a unified tokenization legal framework in Europe, there is a risk of building advanced settlement infrastructure on fragmented regulations.

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