Networks · Central bank RTGS system · run by European Central Bank

T2 (Eurosystem RTGS)New

The Eurosystem's real-time gross settlement system, which settles large-value payments one by one in central bank money with immediate finality, including payments for other market infrastructures. It replaced TARGET2 in March 2023. Not a distributed ledger: it is listed so that bridges from market DLTs to central bank money (the Bundesbank's Trigger Solution, Pontes) can be shown.

Profile sources[1]

0Deployments
0Organisations
2Connections

Deployments on T2 (Eurosystem RTGS)

No tracked deployments yet.

Connections

Sources

  1. [1]T2 — European Central Bank. Accessed 15 Oct 2026. T2 is the Eurosystem's RTGS system; launched in March 2023, replacing TARGET2..A

ecb.europa.eu/paym/target/t2/html/index.en.html