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EU Central Bank Doubles Down on DLT: Blockchain Settlement Now a Top Priority
EU Central Bank Doubles Down on DLT: Blockchain Settlement Now a Top Priority
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The European Central Bank just placed its biggest bet yet on distributed ledger technology—and TradFi won't know what hit it.
No more 'maybe later'
After years of lip service, ECB officials are finally putting real muscle behind blockchain-based settlement systems. Insiders confirm wholesale CBDC trials will expand across Eurozone markets by Q1 2026.
Why banks are sweating
The move threatens legacy clearinghouses' trillion-euro gravy train. One Frankfurt-based exec (who demanded anonymity) grumbled: 'They're optimizing for the 21st century while we're still invoicing by fax.'
Watch for fireworks as DLT slashes settlement times from days to minutes—assuming the usual suspects don't lobby it into oblivion first.
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