Central banks now hold more gold than euros: for the first time, precious metal surpasses the European currency as a global reserve asset
As gold becomes the second global reserve asset, the U.S. is promoting the use of stablecoins backed by Treasury bonds. Behind this silent shift, there are consequences that could reach your wallet.
The European Central Bank (ECB) released its annual report on the international role of the euro yesterday, and the conclusion is as clear as it is symbolic: central banks worldwide now hold more gold than euros. According to the document, published in June 2025, gold represents 20% of international reserves, while the euro falls to 16%, its lowest level in over two decades.