Stablecoins were not designed to compete with SEPA Instant on its home turf. When a euro payment stays within the EEA, existing rails already deliver speed, availability and efficiency. The harder problem begins when money crosses currencies or borders. That’s where correspondent banking, prefunding and reconciliation still stand between a payment being sent and actually […]
In August 2024, the dollar accounted for almost half (49.1%) of payments handled by the global payment network SWIFT, with no other currency presenting solid competition to the dollar’s role in international payments.
The crypto exchange signed agreements with a number of new regulated and authorized fiat partners after losing its previous partner PaySafe in September.
Deputy head of the Central Bank of Spain Margarita Delgado said that before making a final decision on the launch of the digital euro, the European Central Bank should analyze the potential impact of the virtual currency on the banking system of the eurozone.
The European Central Bank (ECB) has announced its plans for a step-by-step rollout of a digital euro CBDC. The final realisation phase may come later this year
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