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The "Digital Euro" reassures the markets and a new American law opens the door for stablecoins...

In two simultaneous developments, European financial authorities and the U.S. Congress announced important steps to regulate the cryptocurrency sector, reflecting legislative maturity and a desire to transform the digital economy into a governed and stable system.

Fabio Panetta, a member of the Executive Board of the European Central Bank, confirmed that the "Digital Euro" project does not pose a threat to liquidity in the traditional banking system, denying the growing concerns about the possibility of withdrawing deposits from banks in favor of holding digital currency.

In a speech delivered during a student forum in Milan, Panetta explained that the bank will set a strict ceiling on the amounts that can be held digitally, in addition to an immediate intervention mechanism to inject liquidity when needed, which he described as "refilling the tank whenever its water level is low."

He added that the goal of launching the digital euro is not to completely replace cash, but to provide a public, stable, and secure means of payment that aligns with technological advancements and the needs of the new generation, amidst a decline in cash transactions.