Bank of Italy Deputy Governor Urges EU to Evaluate Tokenized SEPA Payments
Bank of Italy Deputy Governor Chiara Scotti suggests the EU explore extending the SEPA framework to support tokenized payments for digital finance.Summary
Bank of Italy Deputy Governor Chiara Scotti has proposed that European financial institutions evaluate the potential for extending the Single Euro Payments Area (SEPA) to include tokenized payments. During a workshop in Rome, Scotti emphasized that leveraging Europe's existing payment framework could provide the necessary scale and interoperability for digital finance. This initiative aligns with broader Eurosystem efforts, such as the Pontes project and the ECB's Appia roadmap, aimed at integrating central bank money into distributed ledger technology. Policymakers are concerned that rising stablecoin adoption could threaten monetary sovereignty and bank deposit stability, prompting the search for a secure, public settlement anchor in the evolving tokenized ecosystem.
(Source：Cointelegraph)