Euro

Highlights: The ECB warns stablecoins are linked to falling bank deposits and slower corporate lending. Deposit shifts push banks toward more expensive market funding and tighter credit conditions. Dollar-backed tokens dominate the market and raise concerns over the euro area’s […]

Highlights: EU banks are advancing talks to launch a euro-based stablecoin in the second half of this year. The stablecoin will facilitate cross-border transfers and reduce dependence on US-backed stablecoins. 12 banks, including CaixaBank, Banca Sella, BNP Paribas, and BBVA, […]

Highlights: N3XT offers nonstop blockchain settlement that supports programmable payments. The bank uses a fully reserved model to reduce liquidity risks and provide daily disclosures for clients. Signature Bank leaders have launched N3XT as Europe advances a unified euro stablecoin […]

Highlights: BNP Paribas is set to join a group of European banking institutions pushing for the advancement of the Euro stablecoin plan. These European banks also want to establish a new company called Qivalis to compete with other stablecoin issuers.  […]