ECB launches Pontes to settle tokenized assets without stablecoins

Crypto Insight Summary: Pontes will expand its services and operating hours gradually, with full implementation expected by 2028 and more participants set to join. Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Long-term (1 quarter-1 year) Reasoning: ECB's Pontes aims to settle tokenized assets without stablecoins, but its gradual rollout and 2028 timeline limit immediate market impact.