Pontes, a distributed ledger technology (DLT) settlement platform, will connect DLT transactions to TARGET Services and is slated for launch in September 2026. The European Central Bank (ECB) has announced further improvements to the system, emphasizing secure and efficient settlement. In parallel, the ECB is expanding cross‑border payment reach by linking its TIPS instant‑payment system with fast‑payment networks in India, Switzerland and Brazil through bilateral agreements, and with the multilateral Nexus network. The ECB also participates in the BIS‑led Project Agora, a pilot for a multi‑currency shared platform. TIPS offers a multi‑currency feature that enables instant settlement in central bank money for hosted currencies. The digital‑euro strategy includes a website, FAQs, a progress report, and an Ipsos user‑research study. Dedicated focus sessions cover settlement of tokenisation, DLT, Pontes and Appia, with separate web pages on the digital euro and cross‑border payments.
© European Central Bank, 2025.
Summary derived from the ECB website (https://www.ecb.europa.eu ).
Made by AI. If you spot anything of concern write us at contact@cybach.com. We’ll promptly correct irregularities.