ECB to Accept Tokenized Collateral as Ripple Secures Full EU License
The European Central Bank said that, starting March 30, it will accept certain DLT-issued securities as eligible collateral in Eurosystem credit operations. The move formalizes a pathway for tokenized assets to play a role in central bank liquidity provision, potentially lowering friction for institutions that tokenize debt or securities and creating new channels for short-term funding.
Separately, Ripple has won a full EU license, which could let the company expand regulated payment, custody and token services across member states. Together these developments strengthen the institutional case for tokenized collateral and on-chain liquidity — including use cases tied to XRP — but practical impact will depend on eligibility criteria, custody standards and settlement interoperability. Market participants will watch implementation details and compliance requirements to judge how quickly tokenization shifts from experimental to routine within European markets.