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This Week Summary on Stablecoin News:
- ECB warns stablecoins could threaten euro area monetary autonomy
- Interactive Brokers weighs launching its own US dollar stablecoin
- Anchorage Digital launches USDtb, first stablecoin compliant with GENIUS Act
ECB Raises Alarm: Stablecoins May Undermine Eurozone Monetary Control
The European Central Bank has warned that widespread adoption of US dollar-linked stablecoins could weaken its monetary authority. Eurozone countries risk dollarization, where foreign currency use displaces the euro, eroding control over interest rates and liquidity. ECB official Jürgen Schaaf highlighted systemic vulnerabilities if stablecoins siphon deposits from traditional banks while undermining monetary sovereignty.
With global stablecoin circulation already around $250 billion, mostly dollar-denominated, ECB concerns carry weight. Adoption in the euro area could dilute the euro’s role and lead to financial fragmentation. The rise of private stablecoins may challenge public digital currency initiatives and prompt regulators to rethink domestic innovation strategies.
Interactive Brokers Consider Launching a U.S.-Compliant Stablecoin
Interactive Brokers is reportedly exploring the launch of its own U.S.-pegged stablecoin to enable customers to fund brokerage accounts 24/7 and facilitate seamless crypto transfers. The company is assessing issuer models and third-party collaborations, reflecting growing institutional interest following US regulatory clarity.
As one of the world’s largest discount brokerages with 3.9 million client accounts, IB’s move could signal a major shift in how traditional financial institutions integrate blockchain-based liquidity. The plan hinges on stablecoin treasury management, issuer transparency, and compliance, all of which are underscored by the GENIUS Act framework.
Anchorage Digital and Ethena Labs Launch GENIUS-Compliant Stablecoin USDtb
Anchorage Digital, the only U.S. federally chartered crypto bank, has partnered with Ethena Labs to launch USDtb, the first stablecoin fully compliant with the GENIUS Act. The token is backed 1:1 by audited cash and U.S. Treasury reserves, meeting new licensing, reserve, and redemption standards required under the new law.
The issuance platform aligns with growing industry demand for regulated, institutional-grade stablecoins. USDtb aims to provide transparent and reliable digital dollars for institutional investors and asset managers, positioning anchored players like Anchorage as leaders in compliant digital currency infrastructure
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This Weekly Summary is prepared by brava.xyz.
About Brava:
Brava is a high-yield cash allocation platform that gives professional investors access to blockchain-based stablecoin credit markets. By routing capital into hundreds of secure, collateralised lending pools, Brava delivers automated, transparent, and risk-adjusted yield while users retain full control of their assets through non-custodial smart vaults. Built for capital allocators, Brava combines institutional-grade infrastructure with next-generation financial access.
Disclaimer: Brava does not provide financial advice or guarantee investment performance. Users should assess their own financial circumstances and risk tolerance before using the platform. Brava operates in compliance with applicable regulations and does not manage or hold client funds. Users remain in control of their assets at all times.
Citations:
https://www.ft.com/content/f276c632-5480-46c3-b266-38c11e6932d3
https://cointelegraph.com/news/anchorage-digital-stablecoin-platform-genius-signing
