The impact of stablecoins on the banking sector appears “limited” at the current phase of the adoption cycle, but banks could face increasing competition and...
Stablecoins behave like a fragmented foreign exchange market, where liquidity is spread across blockchains and pools, creating price differences and uneven access to dollar liquidity....
Roland Lescure, France’s finance minister, backed an initiative by European banks to launch a euro-pegged stablecoin in 2026 to compete with US dollar-backed tokens, which...