Lagarde Says Stablecoins Will Not Strengthen Euro’s Global Role

Loading market data...

USDC

Daily

$1.0009

▼ -0.00%

Volume (24h): -

Resistance Levels

Resistance 3$1.0219

Resistance 2$1.0172

Resistance 1$1.0015

Price$1.0009

Support 1$1.0008

Support 2$0.9998

Support 3$0.9994

Pivot (PP):$1.0009

Trend:Uptrend

RSI (14):53.6

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…

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

Comments