
ECB Explores Three CBDC On-Chain Models, Including Reserve Tokenization | KuCoin
ME News reports that on October 2 (UTC+8), Isabel Schnabel, a member of the Executive Board of the European Central Bank, stated at the Bank of England’s Future of Money conference in London that the ECB is exploring three methods to place central bank money on a blockchain: one option is for the central bank to directly issue reserves on a programmable platform; another is to retain the ECB’s existing real-time gross settlement system and connect it to distributed ledger technology (DLT) platforms via an interoperability layer; and the third is to tokenize the reserves held by the central bank and issue settlement tokens fully backed by these reserves. According to her presentation, these tokens would represent private claims, not direct claims issued by the central bank. According to the tenth annual survey on financial institution sentiment provided by Lloyd’s Bank to The Block, approximately 71% of senior decision-makers among the UK’s largest financial institutions expect tokenization to reshape financial services. Sixty percent of respondents identified faster payments and settlements as the greatest potential advantage, followed by collateral and liquidity management at 41%. About 77% of respondents indicated that investing in emerging technologies is a priority for growth, up from 41% in 2025. (Source: Foresight News)
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