ECB’s digital euro vs. Trump’s dollar-backed stablecoins: who will prevail?

The European Central Bank (ECB) has highlighted the need for a digital euro to address competition from dollar-backed stablecoins promoted by US President Donald Trump. ECB board member Piero Cipollone underscored this point during a conference in Frankfurt, as reported by Reuters.

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TRUMP Token Frenzy Drives Solana Stablecoin Supply to $10B, Record DEX Volumes

While Circle's USDC led stablecoin growth on Solana, other issuers also expanded their stablecoins to the network recently, one analyst noted.

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ECB urged to fast-track digital euro amid Trump’s stablecoin push

ECB board member Piero Cipollone said the European Central Bank (ECB) must accelerate efforts to launch a digital euro in response to President Donald Trump’s push to promote dollar-backed stablecoins globally, Reuters reported on Jan.

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ECB member doubles down on digital euro after Trump’s crypto EO: Report

Piero Cipollone reportedly said Donald Trump’s executive order affecting stablecoins could potentially influence people considering abandoning big banks.

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European Central Bank eyes digital Euro to counter Trump’s stablecoin push

In response to U. S. President Donald Trump’s recent executive order promoting dollar-backed stablecoins, the European Central Bank is emphasizing the need for a digital euro to maintain the competitiveness of eurozone banks.

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Next Big Crypto to 100x as Trump Issues Historical Crypto Executive Order

Turns out Trump’s promise to make crypto a national priority wasn’t empty talk. Yesterday, he signed the first crypto executive order that outlines several big commitments: To stop persecution of companies and individuals for engaging in any lawful crypto activities To support the development of dollar-backed stablecoins To roll out clear digital assets regulations that […]

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Trump signs executive order for working group on crypto

The working group established under the EO will explore federal regulations for stablecoins and a national digital asset stockpile.

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Solana Breaks $1B Stablecoin Inflow as Solaxy Raises $7M – Headed for Success?

The turn of the year shines bright on Solana as the ecosystem received over $1B in stablecoin inflows in December. How and why did this happen? Easy – stablecoins exploded in popularity after Trump’s November victory, and Solana’s status as the home of the best meme coins formed a natural combo. $SOL also rebounded from […]

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Amidst the Bitcoin Fever, Trump’s DeFi Project World Liberty Financial Secretly Accumulates $55 Million in ETH

Key Takeaways: Advised by the Trump family, the DeFi project World Liberty Financial actively converts its stablecoins into ETH, with total holdings now reaching an impressive $55 million. This demonstrates the project’s strong belief in ETH’s growth potential, especially compared to stablecoins.

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Paxos CEO warns US could become ‘rust belt of finance,’ urges stablecoins

In a recent open letter, Paxos CEO Charles Cascarilla expressed concerns that the United States risks falling behind in global finance without adopting stablecoin technology.  Addressed to current presidential candidates, Vice President Kamala Harris and former President Donald Trump, the…

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Donald Trump’s World Liberty Financial (WLFI) planning to launch stablecoin

Trump’s WLFI plans to launch a dollar-pegged stablecoin after raising $14M. The project faces challenges, with only 4. 7% of its $300M token sale target met. Trump opposes a US CBDC and vows to outlaw government-issued stablecoins.

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Trump PAC raised $7.5m in crypto since June

A political action committee supporting Donald Trump’s presidential campaign has raised $7.5 million in cryptocurrency. Contributors to the Trump 47 PAC donated in various digital currencies, including Bitcoin (BTC), Ethereum (ETH), XRP (XRP), and stablecoins like USDC (USDC) and Tether…

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Bitcoin could rally as exchange reserves fall, stablecoins gain in market cap

Bitcoin price wavered on Wednesday, Sept. 11, as traders reflected on the Donald Trump and Kamala Harris debate. Bitcoin exchange reserves have dived Bitcoin (BTC) retreated to $56,700 from this week’s high of $58,000 while Trump-themed tokens like MAGA (TRUMP)…

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Trump Family Crypto Project Seeks To Maintain US Dollar Dominance With Stablecoins

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Trump Embraces the “Bitcoin-Dollar”, Stablecoins to Entrench US Financial Hegemony

Trump’s recent speech on bitcoin and crypto embraced policies that will seek to mold bitcoin into an enabler of irresponsible fiscal policy and will employ programmable, surveillable stablecoins to expand and entrench dollar dominance.

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Presidential Advisory Group Weighs In on Regulatory Approach to Stablecoins

Stablecoins should meet the same regulatory standards as other financial instruments, Trump’s Working Group on Financial Markets said.

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G7 and G20 Considering Going After Stablecoins, Should They?

The proposed launch of Libra appears to be leading to some confusion among politicians and regulators with the prime example being Trump mixing Libra with bitcoin even though the two... The post G7 and G20 Considering Going After Stablecoins, Should They? appeared first on Trustnodes.

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