The specific reason it is directly linked to XRP lies in the selected technology provider for the deployment.
The official launch of Pontes by Christine Lagarde and the European Central Bank (ECB) is the wholesale settlement bridge in DLT that allows banks to settle tokenized assets (RWA) using central bank money via interbank gateways (TARGET Services).
The connector with XRPL (Axiology): Of the only four DLT platforms authorized to operate from day one on Pontes (along with Clearstream, Cashlink and SWIAT), Axiology runs on an architecture built directly with the open-source code of $XRP Ledger (XRPL).
That the ECB accepts a platform based on XRPL technology is an institutional audit stamp for the system originally developed by Ripple.
When the testing phase evolves into cross-border and multi-currency interoperability (planned for 2028), the ecosystem that will connect best with European banks will be the one that shares its own underlying base architecture.
The official launch of Pontes by Christine Lagarde and the European Central Bank (ECB) is the wholesale settlement bridge in DLT that allows banks to settle tokenized assets (RWA) using central bank money via interbank gateways (TARGET Services).
The connector with XRPL (Axiology): Of the only four DLT platforms authorized to operate from day one on Pontes (along with Clearstream, Cashlink and SWIAT), Axiology runs on an architecture built directly with the open-source code of $XRP Ledger (XRPL).
That the ECB accepts a platform based on XRPL technology is an institutional audit stamp for the system originally developed by Ripple.
When the testing phase evolves into cross-border and multi-currency interoperability (planned for 2028), the ecosystem that will connect best with European banks will be the one that shares its own underlying base architecture.
