ECB Executive Board member Piero Cipollone said the digital euro will provide essential infrastructure for retail payments and help the euro area achieve payment-processing self-sufficiency. He made the remarks Thursday, framing the project as a tool for sovereignty and resilience.
The European Central Bank says rapid stablecoin growth could threaten euro-area financial stability despite currently limited exposure. Regulators are urged to step up monitoring and consider policy measures to limit systemic fallout.