ECB Raises Alarm on Stablecoins’ Threat to Europe’s Banking System
ECB warns stablecoins could threaten Europe’s banks and speed up the digital euro push as adoption and market value rise sharply.
ECB warns stablecoins could threaten Europe’s banks and speed up the digital euro push as adoption and market value rise sharply.
The European Central Bank launches a 12-month Digital Euro pilot using XRP Ledger and WhiteNetwork, involving 500 institutions across the EU.
US bank unrealized losses hit $482 billion amid rising rates while the ECB forms a task force to push for simpler European banking rules.
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