Euro and USD stablecoins depeg amid ongoing $2.8M StablR exploit
An ongoing exploit is impacting StablR, resulting in the depeg of its Euro and USD stablecoins, while a compromised private key has been blamed, adding...
Tag : euro
ECB pushes back on euro stablecoin proposals, citing financial stability risks
The European Central Bank warned EU finance ministers on Friday that proposals to expand euro stablecoin issuance could weaken bank lending and complicate monetary policy,...
Euro stablecoin project Qivalis adds 25 banks ahead of launch
Qivalis, a European banking consortium developing a regulated euro stablecoin, expanded to 37 member institutions on Wednesday after adding 25 new banks across 15 countries....
ECB’s Lagarde Pushes Back on Euro Stablecoins, Warns of ‘Structural Weaknesses’
In brief ECB President Christine Lagarde said euro stablecoins are “not an efficient way” to boost the euro’s global role, warning their risks outweigh short-term...
Stablecoins won’t strengthen global role of euro, ECB’s Lagarde says
European Central Bank (ECB) President Christine Lagarde said stablecoins are not Europe’s best route to strengthening the euro’s international role, pushing back against calls to...
ECB chief Christine Lagarde raises fresh concerns over euro stablecoins
European Central Bank President Christine Lagarde has intensified her opposition to euro-denominated stablecoins, warning that the risks to financial stability and monetary control outweigh any...
MiCA has made euro stablecoins safe but weak, new report argues
A new Blockchain for Europe report says MiCA has made euro stablecoins safer but less competitive, and urges targeted reforms to reserves and remuneration. A...
ECB signs standards deals to cut digital euro access costs
ECB teams with ECPC, nexo and Berlin Group to reuse open payment standards, cutting digital euro integration costs and clearing the path to a 2027...
ECB signs standards deals to cut digital euro integration costs
The European Central Bank (ECB) said Friday it has signed agreements with three European standards bodies to reuse existing open payment standards for digital euro...
European banks pick Fireblocks for regulated euro stablecoin project
A group of 12 European banks led by Qivalis has chosen Fireblocks to provide infrastructure for a MiCA-compliant euro stablecoin. Summary Qivalis and 12 European...