ECB’s Cipollone Warns Stablecoins May Hit Deposits
ECB Executive Board member Piero Cipollone said July 17 that rising stablecoin use could make commercial banks lose retail deposits as payments shift further toward digital
Piero Cipollone (Latest Publications)
ECB Says Tokenized Markets Need Central Bank Money to Scale in Europe
TL;DR The ECB says stablecoins and tokenized deposits need tokenized central bank money if Europe’s tokenized financial markets are to scale safely and efficiently. Cipollone pointed
Digital Euro to Provide the Retail Payments Backbone Europe Needs, ECB’s Cipollone Says
The euro zone must become self-sufficient in managing payments, and the digital euro is expected to deliver the core infrastructure required for retail transactions, according to
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