Europe should weigh tokenized SEPA payments, Bank of Italy official says
European financial institutions should assess whether the Single Euro Payments Area (SEPA) can be extended into tokenized payments, Bank of Italy Deputy Governor Chiara Scotti said, as policymakers look for ways to keep euro-denominated settlement central to digital finance.Scotti called a tokenize…
➤ A Bank of Italy official suggests Europe should explore tokenizing SEPA payments to maintain the euro's central role in digital finance. ➤ This discussion aligns with ongoing Eurosystem pilots (Pontes) and ECB roadmaps (Appia) for DLT settlement and a tokenized financial ecosystem. ➤ Concerns about non-euro stablecoin adoption and potential deposit outflows highlight the need for a euro-denominated settlement anchor.

















