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2026-05-24 23:03:31 CEST

RWATimes on Nostr: 📰 The European Central Bank has rejected proposals for euro-backed stablecoins. ...

📰 The European Central Bank has rejected proposals for euro-backed stablecoins.
🗓️ May 24 2026 13:04 UTC - Елена Боева

The ECB opposes proposals to create euro-denominated stablecoins, citing risks to financial stability.

➤ The European Central Bank (ECB) has rejected proposals for euro-denominated stablecoins due to risks to financial stability.
➤ ECB President Christine Lagarde cited concerns that stablecoins could reduce bank deposits, increase funding costs, and weaken the central bank's control over interest rates.
➤ The ECB favors a tokenized financial infrastructure based on central bank money over private stablecoins.

#ecb #stablecoins #euro #financialstability #monetarypolicy #centralbankdigitalcurrency #tokenizedfinancialinfrastructure #lagarde #bruegel #eurc

🔗 Read more at: https://rwatimes.io/articles/happycoin-the-european-central-bank-has-rejected-proposals-for-euro-backed-stablecoins-1671272079