Over history, the world has adopted the currency of the leading country for global payments. The USD is, arguably, the first global currency untethered from precious metals. Despite external ...

(Reuters) -Europe's economic and monetary union, the most visible product of which is the euro, is an unprecedented effort at creating a shared currency backed by its own financial architecture. It is ...

The ECB alerts that the role of central bank money may be threatened by the fall in cash usage and the development of private digital currencies. Other people’s digital money and stablecoins are ...

This paper studies domestic monetary policy transmission in European countries with a significant share of lending and deposits in foreign currency, referred to as ‘euroized economies’. We find that ...

The U.S. dollar will remain dominant in the international monetary system, with de-dollarization likely to be slow and partial despite rising RMB and euro ambitions. Network effects, deep U.S.

According to a 2025 report by the People's Bank of China, the RMB is now the world's third most-used currency for trade ...

The Trump administration’s protectionist “tariff wars” and its “One Big Beautiful Bill” budget proposal, which, if approved, would significantly increase the U.S. deficit and public debt, have once ...

Finance officials in the European Union are concerned US President Donald Trump’s embrace of digital assets could affect Europe’s monetary sovereignty and financial stability. “The US administration ...

Serena Fatica does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...