Tokenisation is no longer just a pilot exercise. European issuers have already placed bonds worth hundreds of millions of euros on distributed-ledger platforms, and large banks are exchanging tokenised cash across central-bank trigger rails. However, what still holds the market back is the “Cash Gap”: the asset side now settles in seconds, but the euro leg can lag for days in traditional payment systems. That delay erases many of the payment risk-management benefits that distributed ledgers promise.
Our whitepaper “Payment Leg On-Chain: Stablecoins, Bank Deposits and Digital Euro” addresses this bottleneck directly. It analyses the three euro-based settlement options currently available for adoption:
- Regulated Euro-Stablecoins – private tokens “fully” backed by liquid reserves and issued under the Markets in Crypto-Assets Regulation (MiCA).
- Tokenised Bank Deposits – commercial-bank money recorded on permissioned ledgers.
- The Digital Euro – the European Central Bank’s proposed central-bank digital currency.
The question is no longer if euros will travel on-chain, but how soon and through which route. Our white paper shows where each option stands, how it works, and what it costs or saves, so you have the facts and decision points in one concise read.
The question is no longer if euros will travel on-chain, but how soon and through which route.
Let’s explore together what happens when payments finally match the speed of tokenised assets it finances.
About Projective Group
Established in 2006, Projective Group is a leading Financial Services change specialist.
We are recognised within the industry as a complete solutions provider, partnering with clients in Financial Services to provide resolutions that are both holistic and pragmatic. We have evolved to become a trusted partner for companies that want to thrive and prosper in an ever-changing Financial Services landscape.
