ECB’s Lagarde warns euro stablecoins could undermine monetary sovereignty, urging tokenized finance to anchor on central bank money, not private alternatives.
Key takeaways
- Why ECB’s Lagarde Sees Euro Stablecoins as a Risky Response to Dollar Dominance
- Christine Lagarde didn’t mince words: Europe should resist the urge to mimic the US stablecoin playbook. The European Central Bank president warned that euro-pegged st...
- Lagarde’s position signals deep skepticism about importing the US model, where dollar-backed stablecoins have become a fixture of crypto markets. Her warning hints at ...
- The public record is thin, but Lagarde’s comments reveal two things. First, the ECB sees privately issued euro stablecoins as a potential threat, not just a tool for i...
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