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Cracked euro coin glowing at the edges, dripping bright liquid into a black circuit-board pool with cold blue highlights.
Macro & Risk Sentiment·Regulation

ECB Warns Stablecoins Could Drain Euro Bank Deposits and Undercut Monetary Policy

ECB warns rising stablecoin use could pull deposits from euro banks, tighten credit and weaken monetary policy transmission, per new ECB paper this week.

BTET
HAHarriet KingswellMar 3 11:52
A dark vault with cracked steel doors as a glowing coin draws black liquid into a thin, luminous tube.
Macro & Risk Sentiment·TradFi

Minneapolis Fed’s Neel Kashkari Calls Crypto ‘Basically Useless,’ Warns Stablecoins Could Drain Bank Deposits and Curb Lending

Minneapolis Fed chief Neel Kashkari says crypto is 'basically useless' and warns stablecoins could drain deposits from US banks, curbing credit and lending.

General News
RARavi DeshmukhFeb 19 21:25