Community Articles

via Decrypt · By Decrypt Editorial

ECB’s Lagarde Pushes Back on Euro Stablecoins, Warns of ‘Structural Weaknesses’

BAS

BAS/USDT

$0.041421
-15.75%
24h Volume

$28,525,095.37

24h H/L

$0.05328 / $0.037077

Change: $0.016203 (43.70%)

Funding Rate

+0.0068%

Longs pay

Data provided by COINOTAG DATALive data
BAS
BAS

-

-

Volume (24h): -

DE
Decrypt Editorial
(03:36 PM UTC)
1 min read
EW
Verified byEmily Watson
732 views
0 comments

In brief

  • ECB President Christine Lagarde said euro stablecoins are “not an efficient way” to boost the euro’s global role, warning their risks outweigh short-term gains.
  • She flagged two “material” risks: financial instability from sudden redemptions and weaker monetary policy transmission if deposits shift out of banks.
  • Industry leaders pushed back, warning Europe risks dollar dominance and…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

Decrypt Editorial · Decrypt

Read original →

Comments
Comments