ECB Warns Stablecoins’ Growth Spurs Potential Spillover Risks in Euro Area

The ECB says rapid stablecoin growth raises financial-stability concerns for the euro area despite currently limited local exposure. The European Central Bank (ECB) on Monday published a report authored by Senne Aerts, Claudia Lambert and Elisa Reinhold noting that global stablecoin market capitalization now exceeds $280 billion and is dominated by US dollar-denominated tokens ( … Read more

ECB Monitors Surging Dollar Tokens With Heightened Focus on Volatile Spillovers

Explosive stablecoin momentum is reshaping cross-border liquidity flows and intensifying pressure on Europe’s policy framework, signaling a pivotal shift as digital-asset demand begins exerting meaningful influence on global monetary conditions. Stablecoin Expansion Collides With Eurozone Policy Outlook Growing adoption of stablecoins is strengthening global payment efficiency, yet their rapid expansion is beginning to intersect with … Read more

Digital Euro Enters Next Phase as ECB Targets Technical Readiness by 2029

Europe accelerated its digital transformation as the European Central Bank advanced the digital euro into its next phase, setting the stage for technical readiness, future issuance, and a unified financial system built for global competitiveness and innovation. ECB Advances Digital Euro Project The European Union’s move toward digital financial infrastructure reached a key turning point … Read more

ECB Pits Digital Euro Against Stablecoins as the Battle for Money Supremacy Heats Up

Piero Cipollone, Executive Board Member of the ECB, explained that the adoption of central bank money, including a digital euro, would serve to set an European sovereign defense against stablecoins. He stressed that stablecoins pose distinct risks to financial stability and to the implementation of effective monetary policy. ECB Highlights Relevance of Digital Euro to … Read more

Lagarde vs. the Dollar: ECB Push to Ban US Issued Stablecoins Gains Traction

The European Systemic Risk Board has recommended a ban on multi-issuance stablecoins, a move that aligns with the European Central Bank’s campaign to limit their use. The core motivation is mounting concern over foreign influence and the protection of European monetary sovereignty. A Push for Sovereignty Over Stability The European Systemic Risk Board’s (ESRB) recommendation … Read more

ECB Reveals Firms Selected to Build Core Infrastructure for Digital Euro Project

The European Central Bank just supercharged the digital euro’s momentum, locking in top-tier firms to build core infrastructure components that could revolutionize payments across Europe. European Central Bank Secures Tech Partners While Awaiting Digital Euro Regulation The European Central Bank (ECB) continues to advance preparations for a potential central bank digital currency (CBDC) as it … Read more

ECB Advocates Digital Euro as Shield for Freedom, Autonomy and Security

Piero Cipollone, member of the ECB Executive Board, delivered a keynote at the Baltic conference “Payments & Policy in a Changing Environment,” arguing the digital euro is essential to preserve Europeans’ ability to use sovereign money as transactions go increasingly digital. Cipollone framed the digital euro as an extension of central bank money that would … Read more

ECB Unveils Results From Digital Euro Trials, Plans Second Testing Round

The European Central Bank’s digital euro trials revealed some breakthroughs in payment innovation, with broad support fueling ambitious 2026 plans to expand access, efficiency, and inclusion. ECB Pushes Forward With Next Phase of Digital Euro Testing The European Central Bank (ECB) has unveiled the results of its digital euro innovation platform and outlined plans for … Read more

Digital Euro Countdown Begins as ECB Official Eyes Mid-2029 Launch

Europe is racing toward a historic financial shift as the digital euro accelerates, setting the stage for disruption of global payments and banking. ECB Eyes Mid-2029 Launch as Digital Euro Gains Political Momentum Policymakers in Europe are accelerating discussions on a central bank digital currency as momentum gathers behind the long-running digital euro project. Expectations … Read more

ECB Pushes Digital Euro to Enhance Strategic Autonomy, Counter Foreign Stablecoins

On September 4, 2025, ECB Executive Board Member Piero Cipollone addressed the European Parliament, advocating for a digital euro to strengthen Europe’s payment system resilience and strategic autonomy. Speaking in Brussels, Cipollone highlighted the digital euro’s role in reducing reliance on non-European payment providers, which dominate 66% of euro area card transactions, citing high fees … Read more