European Central Bank Unveils Fresh Approach For Safer Settlement of Tokenised Trades Across DLT Platforms

European Central Bank expands distributed ledger settlement possibilities by linking these transactions with central bank money. This approach seeks to promote a secure foundation for tokenised trading, while opening pathways for cross-border and foreign exchange operations.

European Central Bank Unveils Fresh Approach For Safer Settlement of Tokenised Trades Across DLT Platforms

Eurosystem initiative demonstrates early progress in linking digital asset transactions with trusted monetary networks

The European Central Bank (ECB) has revealed that it will widen its initiative allowing transactions recorded on distributed ledger technology (DLT) to be settled in central bank money.

This step follows earlier experiments focused on ensuring that tokenised assets, processed through DLT systems, can still draw on the safety of central bank liquidity.

Now, Eurosystem looks to push this idea further by working closely with TARGET Services, the ECB’s core payment and settlement infrastructure.

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