ECB
European Central Bank
The Eurozone central bank — sets monetary policy and oversees euro-denominated payment systems including the in-development digital euro.
The ECB has voiced public scepticism of stablecoins as monetary substitutes and is pushing the digital-euro project. EUR-pegged stablecoins (EURC, EURS, agEUR) operate under ECB-influenced supervisory frameworks via national EMI authorisations under MiCA.