NewsApril 6, 20261 min read
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ECB Payments Strategy Frames Central Bank Money as Tokenisation Anchor
Released on March 31, the document addresses wholesale through cross-border payment domains, establishes the Eurosystem's stance on tokenised asset settlement, and signals stronger institutional backing for account-to-account retail rails.
The Eurosystem published its comprehensive payments strategy on March 31, 2026.
For wholesale settlement, the ECB states that central bank money should remain at the core, complemented by tokenised deposits and regulated stablecoins that are EU-governed and euro-denominated. The strategy emphasizes account-to-account payments as a cornerstone of European retail payment infrastructure.
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