A senior official at the Bank of Italy says the European Union should examine whether the Single Euro Payments Area (SEPA) payments system can be extended using tokenization as the technology becomes more relevant. Chiara Scotti, speaking as part of wider discussions about digital payments in Europe, argues that EU policymakers should consider a “tokenized” version of SEPA rather than treating tokenization only as a technical add-on. The comments come as European institutions experiment with tokenized payment frameworks. Cointelegraph reports that the European Central Bank is testing tokenized approaches as part of efforts to shape how digital payments evolve in the region, including concerns about attracting payment activity away from stablecoin-based alternatives. Together, the reports indicate that tokenization is increasingly being viewed as a potential way to modernize euro-based payments while keeping them within EU payment rails. Neither source describes a specific proposal to adopt tokenized SEPA immediately, but both link the call to ongoing experimentation by European authorities and broader work on future payment infrastructure.