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Fact check: ECB not planning stablecoin reserves to be held at central banks - Ledger Insights - blockchain for enterprise

Summary by Ledger Insights
In January the European Central Bank (ECB) announced that non-bank payment service providers (NB PSPs) would be allowed to access the TARGET payment systems and have central bank accounts. Some have misconstrued this as stablecoin issuers being able to back Euro stablecoins with central bank reserves. This is not correct. A strong paper on stablecoins […] The post Fact check: ECB not planning stablecoin reserves to be held at central banks appea…
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Fact check: ECB not planning stablecoin reserves to be held at central banks - Ledger Insights - blockchain for enterprise

In January the European Central Bank (ECB) announced that non-bank payment service providers (NB PSPs) would be allowed to access the TARGET payment systems and have central bank accounts. Some have misconstrued this as stablecoin issuers being able to back Euro stablecoins with central bank reserves. This is not correct. A strong paper on stablecoins […] The post Fact check: ECB not planning stablecoin reserves to be held at central banks appea…

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Ledger Insights broke the news in on Monday, March 17, 2025.
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