ECB approves two-track plan to use central bank money for DLT transactions

The ECB’s first track, named ‘Pontes’, is designed to connect DLT platforms with Eurosystem TARGET services, anticipated to start in Q3 2026. This initiative is focused on improving the movement of cash, securities, and collateral across Europe.

The ECB’s second track, ‘Appia’, will explore DLT-based solutions for international transactions, including foreign exchange settlements. This plan reflects the bank’s commitment to enhancing financial market efficiency while ensuring safety.