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ECB announces dual-track DLT strategy

Short-term programme connecting platforms and Target services to launch in 2026

DLT

The European Central Bank has split its distributed ledger technology (DLT) trials into two tracks.

The bank explained today (July 1) that the short-term track, known as Pontes, would link DLT platforms and the Eurosystem’s Target settlement services and would be launched by the end of 2026.

The longer-term approach, known as Appia, would “shape future-ready, innovative, integrated financial ecosystems”, the bank wrote, and aimed to enable “safe and efficient operations at the global level”.

The

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