ECB Executive Board member advocates bringing central bank money fully on-chain (on-chain)
The views of Isabel Schnabel, a member of the Executive Board of the European Central Bank (ECB). She argues that the ECB should move central bank money onto the blockchain / distributed ledger technology (DLT) in order to fully realize the potential of tokenization and to innovate the way monetary policy is implemented.
Key takeaways: • Why go on-chain? Tokenization can make transactions faster, safer, and more programmable (via smart contracts). If central bank money is also put on-chain, it would enable the simultaneous modernization of monetary policy operations, collateral management, and liquidity provision—while strengthening financial stability and aligning the settlement system with tokenized markets.
• The role of stablecoins: It emphasizes that stablecoins are only a “supplement,” not a “replacement” for central bank money. In times of financial stress, stablecoins cannot expand liquidity as quickly and flexibly as central bank money.
• Practical progress: The ECB has advanced relevant projects, such as Project Pontes, which connects the existing TARGET settlement system with market DLT platforms, allowing tokenized transactions to be settled using central bank money. In the long term, Project Appia aims to build a blueprint for a unified tokenized financial market in Europe.
In short, this is a clear statement from the ECB leadership: the central bank cannot be merely an observer—it must itself “go on-chain” to maintain the central role of central bank money as the core settlement asset amid the tokenization wave, and to enhance the flexibility of policy tools.$BTC $EURI #歐洲央行執委 #倡議將央行貨幣全面上鏈
May you always be joyful year after year, May each year be more fulfilling than the last, May everything go just as you wish, every moment. May you find joy every day, May each year surpass the last, May good fortune always stay.
Join the #Hawk Chinese Community and witness the power of vision and freedom together 🔥 The #Hawk Chinese Community will have three livestreams running continuously! Tune in to the K Daba live room at 12:00 noon Come to the Freedom Brother live room at 16:00 in the afternoon Be there at 20:00 tonight to watch the King Bro Crypto live room! Share the livestream—during the broadcast, take screenshots and join the interaction to be eligible for the benefits! Don’t miss out! Stay true to the original intention, build consensus, and welcome everyone to be on time for the watch party!
Summer ends and autumn arrives! 🍂 Say goodbye to the past and welcome new beginnings! Carrying passion, courage, and goals, move forward all the way—turn every effort into rewards. Let this autumn be the season when we break through and succeed! 😊
[LIVE] 🎙️ Build Binance Plaza, Hold BNB|Wednesday, the market is slightly fluctuating. If you don’t know how to place trades, I suggest you watch more and act less. What do you think? Let’s chat~
🌺 The market has been doing the “roller coaster” lately—once news of geopolitical conflicts breaks, the crypto market reacts faster than anyone 😂😂
Many people think that when war comes, Bitcoin becomes a safe haven. But it’s actually the opposite. The instant the news first explodes, big players first dump risk assets—$BTC 、$ETH get sold off along with the broader market. In the futures market, liquidation dominoes start happening, and countless leveraged accounts get wiped out to zero.
When panic hits in the short term, funds rush first into the US dollar and gold. The crypto market is treated as a high-risk asset and sold off. Only after panic is digested does the market properly recognize the value of this borderless asset, and it can then bounce back in a V-shaped recovery.
To put it simply: war news triggers emotional selloffs in the first wave; re-pricing comes later, gradually.
The more unstable the situation, the larger the price swings will be. Friends using leverage—please don’t stubbornly hold on.
Opportunities in the market are never-ending, but your principal can be wiped out easily. Controlling your position size always comes first.
Have you been watching the market lately, or have you already bottom-picked? Chat in the comments 👇
The arrival of Niu drove the entire primary market When the contract announcement came out, I thought that under normal trading logic there should be a shakeout, but there wasn’t I thought the market probably wouldn’t be this fomo-driven; it should have been built by the big players themselves After the contract came out, the big players ate a wave of short orders too, and then it went down—so they basically got a full fill This kind of setup doesn’t require heavy control; retail investors are enough, and there’s enough discussion. In fact, it’s the one that makes the most money
🧧🧧🧧🧧🧧🧧 Leave your worries to today. Let the night keep you company, and wish us peaceful sleep every night and everything going smoothly. $BTC #英伟达拟向联发科投资35亿美元
May you always be joyful year after year, May each year be more fulfilling than the last, May everything go just as you wish, every moment. May you find joy every day, May each year surpass the last, May good fortune always stay.
☀️Good morning Wednesday—set off for the first half of your day as the morning light arrives🌤️。
On this trading path, what matters isn’t frequent entries, but inner discipline📊。 Yesterday’s gains and losses are all in the past—don’t let past results tie down today’s judgment🕊️。 Market opportunities keep coming, so there’s no need to rush to catch every flicker of movement✨。 Stay clear-headed, follow risk control, don’t follow the noise blindly, and stick to your own trading plan💎。 Slow down, steady your mind, and build strength step by step—time will eventually reward every bit of steadfast resolve🌿。
Investing involves risk; enter the market with caution。
This really makes you feel like this is absolutely insane President Trump disclosed 1,051 stock trades in June, bringing his total number of trades across two presidential terms to over 25,000. The last four presidents combined only made 29 trades Even if a capitalist becomes president, their pursuit of wealth freedom remains undiminished #MichaelSaylor暗示增持BTC