31 articles
USDC’s share of euro stablecoin trading has climbed to 56% since January 2024, with deeper liquidity as exchanges restrict USDT under MiCA.
TLDR ECB board member Piero Cipollone says the digital euro would reduce Europe’s reliance on non-European payment companies. A pilot using real transactions by ECB and national central bank staff…
After a rough few weeks in October, the euro is finding a bit of reprieve against the franc since the end of last week. EUR/CHF is bouncing off the 0.9200…
Piero Cipollone said the bloc is on track to test real transactions in 2027 and roll out a digital euro as early as 2029, pending legislation this year.
The US dollar was mostly softer after the G10 currencies last week. The euro, where the bond tensions escalated, was the notable exception. It finished the week with a modest…
Swiss blue chips lead euro-area peers by almost 8 percentage points in October, the widest gap since March 2020. The Swiss Market Index (SMI) is up 4.6% this month, and…
OKX, a leading global cryptocurrency exchange and onchain technology company with more than 150 million customers worldwide, announced the launch of a unified EUR order book combining EUR and EURC…
The French-German 10-year spread is the key gauge: MUFG’s scenarios put it at about 170 basis points in its base case and above 200 in a crisis, levels last associated…
It might not seem like it, but the euro is finding itself in a rather uncomfortable spot in trading today. While EUR/USD is holding up relatively better amid the broader market…
If you look at EUR/USD this week, it may be easy to think that the euro is holding up and brushing aside the warning signals from the bond market .…
BlackRock’s view reinforces a theme running through bank research this week: higher yields are now the norm, but the reasons behind them matter more than the level. For euro area…
UBS’s view puts the euro’s recent weakness down mainly to sentiment rather than fundamentals, which would leave room for a rebound if French budget risks ease. The near removal of…
Headlines: US futures look to rebound after tech rout but the real test is still ahead European stock market open: French unrest weighs on stocks to start the new week…
The US dollar is mixed against the G10 currencies to start the new week. The dollar-bloc and Scandis are firmer, while the euro, Swiss franc, sterling and yen are softer. …
U.S. stock futures are up despite fears of a Black Monday, while the S&P 500 and Nasdaq try to recover from last week’s losses. Asian markets are mostly down, oil…
Summary: The euro opened lower on escalating riots in France, drone incidents over the Black Sea and US warnings over EU tech rules, then recovered most of the gap Oil…
The drop in EUR/AUD is a euro story first, which makes it vulnerable to a partial reversal once main Asian centres open and liquidity improves. The real test comes with…
“The digital euro will further stimulate innovation and competition in retail payments,” according to the ECB president.
Sweden’s Riksbank says the digital euro and dollar-backed stablecoins may soon warrant another look at a digital krona, although no issuance decision has been made. In an October 7 letter…
Sweden’s Riksbank has recommended that lawmakers prepare for a possible digital krona, citing concerns over foreign-currency stablecoins and the future of domestic payments.
The comments support the view that the ECB can hold its nerve on an energy-led price shock, which should limit pressure for tighter policy in the near term and leave…
TL;DR Qivalis received an electronic money institution license from the Dutch central bank, bringing it closer to issuing a euro-pegged stablecoin. The consortium is backed by 37 European banks, including…
The U.S. Department of Justice (DOJ) is reportedly investigating the chain of companies surrounding payments firm Euro Exchange Securities. This probe comes after British authorities seized Euro Exchange in June for…
Qivalis said the EMI authorization enables it to launch a euro-denominated stablecoin, with issuance planned for the coming months, subject to additional MiCA requirements.
