The European Central Bank pushed back on proposals to boost euro stablecoins at an informal EU finance ministers meeting in Nicosia, warning that central bank-style support for issuers could destabilize banks.

AIB, Bank of Ireland join consortium of EU banks developing euro-denominated stablecoin some say could rival digital euro

The European Central Bank pushed back on proposals to boost euro stablecoins at an informal EU finance ministers meeting in Nicosia, warning that central bank-style support for…