
ECB Board Member Urges Digital Euro Amid Rising Stablecoin Influence
Piero Cipollone advocates for a digital euro, addressing concerns over dollar-backed stablecoins potentially diverting customers from traditional banks in the Eurozone.
Piero Cipollone advocates for a digital euro, addressing concerns over dollar-backed stablecoins potentially diverting customers from traditional banks in the Eurozone.
Changpeng Zhao, former CEO of Binance, has launched YZi Labs, a family office managing $10 billion in crypto assets, aiming to diversify into AI and biotechnology.
The Solana network's stablecoin supply has reached $10.5 billion, driven primarily by USDC and Tether, amid increased trading activity from the TRUMP token launch.
Piero Cipollone emphasizes the urgency of a digital euro due to shifts in U.S. stablecoins, fearing traditional banks may lose customers and revenue.
On-chain transactions under $10,000 have decreased by 19.34%, indicating reduced retail engagement as Bitcoin stabilizes around $105,000 after recent price fluctuations.
XRP steeg recentelijk met 35%, met analist Ali Martinez die een toekomstige waarde van €10 of meer voorspelt, ondanks kritiek over de haalbaarheid van deze schatting.
Bitcoin remains above $100,000, with retail investors actively purchasing, suggesting potential upward momentum as support levels hold amid current market volatility and uncertainty.
President Donald Trump signed an executive order to reshape U.S. cryptocurrency policy, banning central bank digital currencies and forming a task force to regulate stablecoins.
David Solomon emphasizes Bitcoin's volatility as a significant barrier to its acceptance as a stable currency, advocating for clear regulatory frameworks in the cryptocurrency market.
Morgan Stanley is considering partnering with U.S. Treasury to integrate cryptocurrency services, noting the growth of crypto ETFs and the industry's evolving regulatory landscape.