Euro

Highlights: Lagarde said Europe should not promote euro stablecoins only because dollar stablecoins are growing. She warned that private stablecoins could create financial stability and monetary policy risks. The ECB wants safer blockchain settlement through central bank money and public […]

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.  […]