The European Central Bank (ECB) has launched Pontes, a new platform for settling tokenized assets—no stablecoins required. With Pontes, users can trade digital representations of assets using infrastructure built by the ECB itself, instead of relying on privately issued stablecoins.

How the rollout will work

Pontes is rolling out in phases. Both the range of services and platform operating hours will expand step by step, with full implementation targeted for 2028. As the project grows, more participants will be onboarded, making settlements more accessible across the market.

Why settle tokenized assets without stablecoins?

Settling tokenized assets without stablecoins could cut the market’s reliance on private payment tokens. For users, this means fewer operational hurdles and a smoother way to plug tokenized assets right into existing workflows.

What’s next for market participants?

If your organization deals with tokenized assets, keep an eye on Pontes’ roadmap for new features and expanded operating hours. Each rollout phase will unlock new ways to connect, and the list of participants is set to keep growing through the full rollout by 2028.