Bundesbank President Backs Euro Stablecoins and Retail CBDC
Joachim Nagel said euro-denominated stablecoins have merit and reiterated support for a euro retail CBDC as part of Europe’s digital-payments push.
Bundesbank President Joachim Nagel expressed support for euro-denominated stablecoins and a retail central bank digital currency (CBDC), framing both as part of Europe’s drive for secure, efficient and independent digital payment systems [1].
Nagel said he sees “merit in euro-denominated stablecoins,” noting they could offer cheaper and more efficient cross-border payments for firms and individuals, while stressing that a CBDC remains a central focus for the central bank [3][2].
The comments were delivered in a recent public speech in which Bundesbank leadership emphasized digital-payment innovation as a priority for Europe and reiterated regulatory and monetary-policy considerations around new payment technologies [1][4].
Nagel’s remarks signal Bundesbank engagement with both private stablecoins and a potential euro retail CBDC as complementary elements in shaping the future euro payments landscape [1][3].
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Citations
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- 1Germany’s Bundesbank President Endorses Euro StablecoinsLive Bitcoin News• Feb 17, 2026
- 2Germany’s central bank president touts stablecoins, CBDCs for EUCrypto Breaking News• Feb 16, 2026
- 3German central bank chief sees merit in euro stablecoins, but CBDC remains in focuscrypto.news• Feb 17, 2026
- 4Bundesbank Backs Euro CBDC, Stablecoins PushThe Coin Republic• Feb 17, 2026
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