Stablecoin Growth Erodes Bank Deposits, ECB's Cipollone Warns, Urges Digital Euro
ECB's Cipollone cautions that stablecoin growth risks draining bank deposits, advocating a digital euro to keep banks central to the payment system.
ECB's Cipollone cautions that stablecoin growth risks draining bank deposits, advocating a digital euro to keep banks central to the payment system.
The ECB's selection of Deutsche Bank and Revolut to pilot a digital euro beta for various payments advances the eurozone's CBDC plans,…
European Central Bank names 36 payment providers including Revolut for digital euro beta test, advancing the CBDC pilot ahead of planned 2027…
The European Central Bank launched a digital euro trial enlisting fintech Revolut and bank UniCredit, marking a critical step in eurozone CBDC…
A sharp rise in oil prices prompted traders to boost rate-hike expectations for the BOE and ECB, lifting the euro and pound…
ECB's Fabio Moulin says AI adoption may heighten inflation volatility, creating fresh challenges for rate-setters and keeping markets on edge over the…
ECB President Christine Lagarde’s confirmation she will not stand in the French election removes a major uncertainty for the eurozone, providing relief…
France's central bank's upward revision of GDP estimates signals that the eurozone's second-largest economy will avoid a recession, boosting the euro and…
European bonds tumbled after a spike in crude oil prices and renewed inflation fears prompted investors to dump fixed-income assets, with benchmark…
German Bunds sold off sharply on Wednesday, driving yields higher, as a surge in crude oil prices to fresh multi-month highs reignited…
ECB climate-linked haircuts on collateral lift European bond yields and pressure the euro as banks face steeper funding costs.
ECB's Panetta sees a fragile outlook with risks to both inflation and growth, signaling caution that could weigh on the euro and…