Lagarde Says Stablecoins Will Not Strengthen Euro’s Global Role

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Cointelegraph Staff

(12:59 PM UTC)

1 min read

European Central Bank (ECB) President Christine Lagarde said stablecoins are not Europe’s best route to strengthening the euro’s international role, pushing back against calls to respond to US dollar-backed stablecoins with euro-denominated tokens.

Speaking on Friday at the Banco de España LatAm Economic Forum in Roda de Bará, Spain, Lagarde made several comments on the role of stablecoins in the…

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