<ul data-eligibleForWebStory="false"><li>The ECB has introduced two blockchain programs, Pontes and Appia, to incorporate DLT into payment and settlement infrastructure in Europe.</li><li>Pontes focuses on connecting blockchain platforms with the ECB's payment network, TARGET, with a pilot phase starting in late 2026, while Appia aims at broader digital currency applications and global interoperability.</li><li>These programs are a result of ECB's 2024 research on using DLT for settling wholesale central bank money, showing benefits like faster transactions, cost reductions, and lower credit risks.</li><li>The ECB's blockchain strategy aims to drive innovation while ensuring financial stability, potentially influencing other central banks to adopt similar technology, positioning Europe as a blockchain integration leader.</li></ul>

ECB Unveils Blockchain Strategy to Reshape Europe’s Financial System

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