Swedish central bank revives e-krona debate as digital euro, stablecoin threat grows
What's happening
Sweden's central bank, the Riksbank, has reopened debate over an e-krona as cash use continues to fall and new payment threats emerge. Officials pointed to a coming digital euro and the growth of stablecoins as key drivers prompting reconsideration of the CBDC project that was shelved three years ago. The Riksbank's deputy governor told Reuters it may be time to revisit the proposal, and industry coverage highlights the renewed conversation about whether Sweden should introduce its own central bank digital currency.
Why it's trending
Declining cash use plus momentum behind a digital euro and stablecoins is forcing policymakers to reconsider a shelved e-krona.
SignalHolding at its usual pace, confirmed across 1 independent source type.
Momentum
Score per dayStory volume
Stories per dayAngles you could write
If Sweden goes all-in on an e-krona, it will be because stablecoins and a digital euro left it no choice, not because central bankers suddenly love novelty.
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Original sources4
- Sweden Revisits the Possibility of a CDBC
Facing the prospect of a digital euro and the near-disappearance of cash from its payments infrastructure, Sweden is considering reviving its central bank digital currency (CBDC) project, which it shelved three years ago. The deputy governor of Sweden’s central bank, the Riksbank, told Reuters that it may be time to revisit the proposal. The bank […] The post Sweden Revisits the Possibility
PaymentsJournalOct 26 - Riksbank Reopens E-Krona Debate as Cash Use Falls Further
Sweden’s central bank has revived the debate over whether the country should introduce an e-krona, as declining cash usage, the development of a digital euro and the growth of stablecoins... read more The post Riksbank Reopens E-Krona Debate as Cash Use Falls Further appeared first on Payments Industry Intelligence .
Payments Industry IntelligenceOct 26 - Riksbank reignites e-krona debate
With cash usage down, a digital euro on the horizon and stablecoins gathering momentum, Sweden's central bank has reignited a debate on whether the country should roll out its own e-krona.
FinextraOct 26 - Swedish central bank revives e-krona debate as digital euro, stablecoin threat growsWSAUOct 22
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