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ECB's Schnabel Outlines Three Models for Onchain Central Bank Money

Original: ECB’s Schnabel Outlines Three Models for Central Bank Money Onchain

Isabel Schnabel, a member of the European Central Bank's Executive Board, has outlined three possible models for making central bank money available onchain, addressing how a digital euro and tokenized central bank reserves could function alongside private blockchain-based payment systems. The remarks feed into ongoing European debate over the future of digital money and the role central banks should play as tokenization of finance advances.

Why now: Central banks' plans for blockchain-based digital money are a live topic as digital euro work and tokenization initiatives accelerate.

European Central BankIsabel Schnabeldigital euro

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