The European Central Bank has launched Pontes, a service designed to settle tokenized assets without relying on stablecoins, according to Cointelegraph. The initiative will not begin at full scale. Instead, the ECB plans to expand Pontes’ services and operating hours gradually, while additional participants are expected to join over time. Full implementation is anticipated by 2028. The launch marks the ECB’s introduction of a settlement-focused initiative for tokenized assets that is intended to operate without stablecoins. Details supplied by Cointelegraph did not specify the initial operating schedule, the services available at launch, or the participants involved. Market watchers will therefore be focused on the pace of Pontes’ rollout, the expansion of its operating hours and services, and progress toward the ECB’s 2028 implementation target.
