The European Central Bank Proposes Three Models for Bringing Central Bank Money On-Chain to Support Settlement of Tokenized Securities and Stablecoin Transactions

Odaily: The European Central Bank has proposed three models for bringing central bank money on-chain, including direct issuance, establishing a bridging mechanism, and implementation through private intermediaries. These models could enable central bank money to provide settlement support for transactions involving tokenized securities, bank deposits, and stablecoins on distributed ledger technology networks.