ECB board member Piero Cipollone explained that the adoption of central bank money, including a digital euro, would serve to establish a European sovereign defense against stablecoins. He emphasized that stablecoins pose distinct risks to financial stability and the implementation of effective monetary policy. The ECB underlines the relevance of the digital euro for (…)
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ECB Pits Digital Euro Against Stablecoins as the Battle for Money Supremacy Heats Up
