
Crypto
The ECB rejects euro-denominated stablecoins for stability reasons
The European Central Bank has put a stop to plans for euro-backed stablecoins. The systemic risks are too high for the eurozone.
Rédaction ActuTradingil y a environ 1 mois
2 articles on financial stability

The European Central Bank has put a stop to plans for euro-backed stablecoins. The systemic risks are too high for the eurozone.

The ECB president is sounding the alarm about the financial risks posed by stablecoins—dominated by Tether and USDC—which are worth $310 billion.