The European Central Bank agrees with a plan to settle DLT transactions star-news.press/wp

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Sujha Sundarajan

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Sujha Sundarajan

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July 2, 2025

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European Central Bank Board (ECB), on Tuesday, He agreed to a plan from two tracks This will use the central bank’s money for the Distributed Professor Technician Technology Transactions (DLT).

The first short -term path approach, called “Pteses”, will connect DLT platforms to the targeted services of Eurosystem, which will be launched by 2026. The path will ensure the free flow of securities, securities and guarantee throughout Europe.

Meanwhile, before the launch of Ptess Pilot in Q3 2026, the European Central Bank will consider the DLT experience and experience.

Piero CibuloniThe European Central Bank Executive Council believes that although DLT and the distinguished symbol are relatively young, they “may offer new ways to improve the settlement of financial transactions.”

“The decision is in line with the commitment of Eurosystem to support innovation without prejudice to safety and efficiency in the infrastructure of the financial market,” as stated in the issue.

The “global level” approach in the long term

The European Central Bank has developed the long -term path plan, “Appia”, which will facilitate operations globally. The bank indicated that this approach will analyze more DLT solutions and cooperate with the public and private stakeholders.

“This will also include international operations, such as foreign exchange settlement and participation in international initiatives,” the European Central Bank indicated in a report that defines the results of exploratory work.

He added that the European Central Bank has not yet determined the exact approach that must be followed in the long run. However, the central bank will focus on “improving the efficiency of the current financial markets, the competitiveness of securities and payments, without prejudice to safety.”

The European Central Bank aims to end the digital preparatory stage by October

Cibuloni said last year that the bank is looking to end the stage of preparation in the digital euro by October 2025.

However, legislators hesitate to trust the Central Bank, which raises doubts about whether a For the first time the digital euro can. The ambiguity came after the interruption that occurred with the target payment system (T2) early this year. Large transactions are kept on the T2 payment platform.