The European Central Bank has outlined three models for bringing central bank money on-chain to support settlement for tokenized securities, bank deposits, and stablecoins. The proposed frameworks include direct issuance, a bridging mechanism, and implementation through private intermediaries.
These models aim to enable central bank money to function as a settlement asset on distributed ledger technology networks. The initiative seeks to integrate traditional monetary infrastructure with blockchain-based financial instruments to facilitate secure transaction settlement across digital asset markets.
ECB Proposes Three Models for On-Chain Central Bank Money Settlement
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