[European Central Bank: Stablecoins and Tokenized Deposits Must Use Central Bank Money as a Settlement Anchor] European Central Bank Executive Board member Fabio Panetta stated in Brussels that for Europe's tokenized financial markets to scale, stablecoins and tokenized deposits must use tokenized central bank money as a public settlement anchor. The Eurosystem DLT settlement project, Pontes, is expected to go live in the third quarter of 2026, supporting DLT transactions settled in central bank money. The ECB's Appia initiative plans to develop a blueprint for a tokenized financial ecosystem by 2028 and has called for feedback submissions. He warned that without a unified tokenization legal framework, Europe risks building settlement infrastructure on fragmented regulations.