🇪🇺 The European Central Bank declares that the widespread use of stablecoins denominated in US dollars in the European Union (UE) for payments or settlement could undermine the ECB's control over monetary conditions.
"US dollar stablecoins will consolidate their dominance unless alternatives like the digital euro emerge"
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🇪🇺 The European Central Bank declares that the widespread use of stablecoins denominated in US dollars in the European Union (UE) for payments or settlement could undermine the ECB's control over monetary conditions.
"US dollar stablecoins will consolidate their dominance unless alternatives like the digital euro emerge"
🗞 Source : coindesk