ECB says private-credit fuelled AI boom poses risk to financial system

The post Euro Stablecoin Showdown: Banks Pitch ‘Qivalis’ as ECB Pushes Back appeared on BitcoinEthereumNews.com. A European corporate treasurer wants euros on-chain to settle supplier invoices instantly. Their bank hints at a forthcoming “Qivalis”-style token for permissioned networks. Meanwhile, product teams prefer widely used crypto-native euros for DeFi liquidity. Then the ECB publishes another note pressing for stricter guardrails. This is the new fault line in European crypto: a contest between bank-built euro tokens and policy-makers intent on keeping payments anchored to central bank money. If you handle treasury, compliance, or crypto strategy in Europe, the next 12 months will be decisive. Here’s what’s really happening, how a “Qivalis” bank token could work in practice, and what the ECB is—and isn’t—willing to tolerate. The Big Picture Europe’s stablecoin market is being redrawn under MiCA, the EU’s landmark crypto framework. Since mid-2024, issuers of euro-referencing stabl

Brian Armstrong discussed several areas where he believes the financial system still needs major modernization.

Lagarde warns Europe faces digital dollarisation as the $300B stablecoin market remains dominated by U.S. dollar-backed tokens. Christine Lagarde has warned that Europe faces rising exposure to dollar-backed stablecoins as the market nears $300 billion. The ECB president called the risk “digital dollarisation,” meaning wider use of dollar-linked digital assets abroad. Stablecoins track traditional currencies, […] The post Lagarde Sounds Alarm as $300B Stablecoin Market Tilts Toward Dollar appeared first on Live Bitcoin News.

The post ECB Officials Signal Urgency: Faster Action Needed To Tame Stubborn Inflation appeared on BitcoinEthereumNews.com. ECB Officials Signal Urgency: Faster Action Needed To Tame Stubborn Inflation Skip to content Home Forex News ECB Officials Signal Urgency: Faster Action Needed to Tame Stubborn Inflation Source: https://bitcoinworld.co.in/ecb-officials-urgent-action-inflation/

Brian Armstrong said the financial system still needs eight major upgrades, with real-world asset tokenization and 24/7 global markets sitting at the center of his argument. The Coinbase CEO described a financial system that is becoming more global, more automated and more dependent on on-chain infrastructure. Coinbase CEO Brian Armstrong has again put forward a [...]

Europe’s euro stablecoin race is accelerating as banks test Qivalis-style tokens, MiCA rules tighten, and payment, liquidity, compliance and adoption risks evolve.

Supervisor to stress seriousness of risks to financial system at hastily arranged meeting

The ECB warned EU finance ministers that expanding euro stablecoin issuance could weaken bank lending and complicate monetary policy.