Isabel Schnabel 🇪🇺🇺🇦 (@Isabel

Isabel Schnabel 🇪🇺🇺🇦

6,922 posts

Isabel Schnabel 🇪🇺🇺🇦

@Isabel_Schnabel

Executive Board of the European Central Bank, University of Bonn (on leave), #NieWiederIstJetzt

Frankfurt, Germany

Joined November 2013

Isabel Schnabel 🇪🇺🇺🇦
@Isabel_Schnabel
Jun 3
The full speech and slides can as usual be found on our website.
European Central Bank
@ecb
Jun 1
Stablecoins offer benefits but also pose risks to financial stability, monetary policy and the international monetary order, says @Isabel_Schnabel. Central banks must keep pace with innovation to preserve the anchoring role of central bank money in future.
1.7K
Isabel Schnabel 🇪🇺🇺🇦
@Isabel_Schnabel
Jun 3
I had the honour to give the keynote at the #BankofKoreaInternationalConference, hosted by Governor @HyunSongShin. I spoke about how stablecoins affect the financial landscape and what this implies for central banks, taking lessons from the evolution of money market funds. 1/18
5.3K
Isabel Schnabel 🇪🇺🇺🇦
@Isabel_Schnabel
Jun 3
Replying to @Isabel_Schnabel
A digital euro preserves citizens’ access to public money, strengthens European strategic autonomy and provides a pan-European payment solution, reducing fragmentation. It is an indispensable step to maintain European sovereignty and provides benefits to all stakeholders. 17/18
498
Isabel Schnabel 🇪🇺🇺🇦
@Isabel_Schnabel
Jun 3
Under projects Pontes and Appia, the Eurosystem will provide a wholesale CBDC to provide a safe, trusted and scalable public settlement asset, ensuring that central bank money remains the anchor in a tokenised financial system, while allowing private innovation to thrive. 18/18
477
Isabel Schnabel 🇪🇺🇺🇦
@Isabel_Schnabel
May 8
Here is the link to the full speech and the slides:
European Central Bank
@ecb
May 7
Fiscal and financial dominance could erode central bank independence in the future, @Isabel_Schnabel says at @FMG_LSE. Preserving independence requires prudent fiscal and regulatory policies, as well as central banks remaining firmly within their mandates.
8.4K