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2 stories related to this topic, newest first.

Lagarde Calls for Europe to Prioritize ECB Digital Euro Over Private StablecoinsCoinDesk
finance13 hrs agoDeveloping

Lagarde Calls for Europe to Prioritize ECB Digital Euro Over Private Stablecoins

European Central Bank President Christine Lagarde warned Friday that large stablecoins such as Tether and USDC, which dominate a $310 billion market, pose financial stability risks. She spoke as a consortium of 12 major European banks plans to launch a privately issued digital eu…

CoinDesk
1 source
India Pilots E-Rupee to Improve Welfare Payment Systemthehindu.com
world15 days agoDeveloping

India Pilots E-Rupee to Improve Welfare Payment System

India is testing its central bank digital currency, the e-rupee, through a pilot program aimed at enhancing its $80 billion welfare system. A farmer in Phulenagar used the digital funds to install irrigation equipment on his onion farm. The initiative seeks to address issues of c…

The Japan Times
economictimes.indiatimes.com
2 sources