ECB’s Schnabel says digital euro needed as stablecoin market nears $300B

Schnabel says the digital euro is the ECB’s best response to stablecoins Stablecoins pose risks to financial stability and risk bank runs during stress Private stablecoins could weaken ECB interest-rate decision transmission Isabel Schnabel, a member of the European Central Bank’s (ECB) Executive Board, has argued that developing a digital euro is the most effective […] The post ECB’s Schnabel Reveals Why Stablecoins Need a Digital Euro Response appeared first on Live Bitcoin News.

ECB board member Isabel Schnabel warned that stablecoins could bring money-market risks into tokenized finance and reinforce US dollar dominance.

A senior European Central Bank official has warned that stablecoins carry the same fragilities that once destabilized money market funds, cautioning that their rapid rise could threaten financial stability and quietly entrench the US dollar at the euro’s expense. Related Reading: Which Cryptos Are Best Positioned To Follow The Same Trajectory As Hyperliquid (HYPE)? The […]

Circle's USDC was built for regulation before the GENIUS Act required it. Here's how Wall Street infrastructure quietly adopted it as the institutional default.

The post Euro: Supported by ECB hikes and AI investment – BNP Paribas appeared on BitcoinEthereumNews.com. BNP Paribas projects Eurozone Gross Domestic Product (GDP) growth slowing from 1.5% in 2025 to 1.0% in 2026 and 1.3% in 2027, with inflation rebounding to 3.0% and 3.3%. Activity is seen withstanding the energy shock thanks to investment in defence, AI and electrification. The European Central Bank (ECB) is expected to deliver two 25 bp hikes in 2026, while EUR/USD is forecast at 1.21 by Q4 2026 and 1.25 by Q4 2027. Eurozone growth slows but stays resilient “Eurozone growth would slow due to spillovers from the Middle East conflict.” “GDP growth, which reached 1.5% in 2025, would slow down to 1.0% in 2026 and 1.3% in 2027, while inflation would rebound to 3.0% in 2026 and 3.3% in 2027 (compared to 2.1% in 2025).” “Activity would nevertheless withstand the energy shock, supported by investment in defence, AI, and electrification, which should continue to boost intra-EU trade.” “As

The post Citi tokenized securities forecast: $5.5T by 2030 appeared on BitcoinEthereumNews.com. The Citi tokenized securities forecast puts a striking number on a trend Wall Street has been circling for years: traditional assets moving onto blockchain rails. Citi says the market could reach $5.5 trillion by 2030, up from about $17 billion today, as tokenized Treasury bills, digital stocks, and stablecoin settlement gather momentum. That projection lands at a moment when tokenization is moving from crypto-native experimentation toward mainstream financial infrastructure. Instead of treating blockchain as a separate market, Citi’s view frames it as a new distribution and settlement layer for familiar products such as Treasury bills, funds, and public equities. The scale of the jump is what makes the forecast hard to ignore. Citi’s base case sees the market reaching $5.5 trillion by 2030, with a lower estimate of $2.7 trillion and a higher case of $8.2 trillion, depending on how quickly a

The post GENIUS Act Deadlines Loom, ECB Pushes Digital Euro as Coinbase Opens India INR Rails appeared on BitcoinEthereumNews.com. Crypto News The opening week of June places U.S. stablecoin policy under hard deadlines, with comment periods for the GENIUS Act frameworks scheduled to close at the Treasury, FDIC, and FinCEN on June 2. The closures convert federal statute into operational requirements that issuers must build against, settling questions over reserves, yield, and licensing. Banking lobbies have pressed to slow the rollout, particularly around yield-bearing stablecoins, an objection that helped stall the Clarity Act for months. The Senate floor reopens on June 3 to consolidate market structure provisions with CFTC oversight and GENIUS amendments into one vehicle, with sponsors targeting an August signing. ECB board member Isabel Schnabel argued in Seoul on Monday that central banks must respond to swelling stablecoin volumes with stricter regulation and retail central bank d

The post Citi Projects Tokenized Securities Market Will Reach $5.5 Trillion by 2030 appeared on BitcoinEthereumNews.com. TLDR: Citi projects the tokenized securities market will grow from $17 billion today to $5.5 trillion by 2030. DTCC plans to launch tokenized securities trading in July, with a full platform rollout set for October 2025. Stablecoin growth could generate up to $1 trillion in new demand for U.S. Treasury bills by 2030. A 10% shift by U.S. retail investors to digital platforms may create $2.6 trillion in tokenized stock demand. Tokenized securities could reshape global finance over the next four years, according to a new Citi report. The bank’s Tokenization 2030: Wall Street On-Chain study projects real-world asset tokenization growing from $17 billion today to $5.5 trillion by 2030. Estimates range from $2.7 trillion on the low end to $8.2 trillion in a bull scenario. Three structural forces are driving this shift across public markets worldwide. Major Market Infrastru