The euro ‘stablecoin’: how this new crypto venture could threaten the eurozone’s already fragile economy

By Sergi Basco, Profesor Agregado de Economia, Universitat de Barcelona

On 25 September 2025, it was announced that 9 european banks, including UniCredit, ING and CaixaBank, have launched a consortium to issue a euro stablecoin – a cryptocurrency with a value pegged to the euro.

While stablecoins are less volatile than regular cryptocurrencies like bitcoin, they are not, despite their name, inherently stable. Allowing banks to create their own could further destabilise the eurozone’s already turbulent economy, and will amplify…

Read complete article

~	Afghanistan: Taliban de facto authorities must immediately restore internet access

~	“Night is dark for us”: Rohingya refugees need protection before repatriation

~	Reconciliation includes recognizing Residential Schools are not the only colonial atrocity

~	Our AI model can help improve indoor ventilation during wildfire season

~	Why we should be skeptical of the hasty global push to test 15-year-olds’ AI literacy in 2029

~	Will the G20 listen to its own advisors? 4 urgent steps on climate change

~	Museum in a box: on the road with South Africa’s heritage

~	Nigeria at 65: a long road to economic freedom

~	University ranking systems are being rejected. African institutions should take note

~	Tanzania’s ruling party has crushed the opposition - the elections are a mere formality