Italy completed the issuance of $27.2 million digital bonds using the Polygon Ethereum platform. 🚀
- Cassa Depositi and Intesa Sanpaolo conducted a transaction as part of the ECB's experiment on blockchain settlements.
- EUR 25 million bonds with a fixed coupon of 3.63% are redeemed on November 18, 2024.
- The Bank of Italy's "TIPS Hash Link" tool ensures compatibility between blockchains and traditional payments.
Not everyone shares the optimism: Professor Hilary Allen believes public blockchains are too “fragile.”