✉news BusinessBanking first seen 6 h ago, last 1 h ago, peak #7
ECB Explores Three Ways to Put Central Bank Money Onchain
The European Central Bank is examining three possible approaches to making central bank money available on blockchain-based systems. The work explores how euro central bank money could be used in tokenised and onchain financial transactions, reflecting growing institutional interest in settling digital assets with central bank money. Details of the three options and any decision timeline were not specified in the report.
Why now: Central banks moving money onto blockchain rails is a major development for digital finance and the future of the euro.
Evidence
- ECB Explores Three Ways to Put Central Bank Money Onchain · Altcoin Buzz
API: https://socialmediatrends-api.osmike.com/v1/trends/756651