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European Central Bank warns stablecoin growth may erode bank deposits
ECB board member Piero Cipollone warns USD stablecoins threaten European bank deposits and monetary policy, pushing the digital euro as the solution.
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cryptobriefing.com
European Central Bank emphasizes digital euro's role in banking trust
ECB's Piero Cipollone positions the digital euro as essential for banking trust, with no interest, holding caps, and potential issuance targeted for 2029.
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European Central Bank warns stablecoin growth may erode bank deposits
ECB board member Piero Cipollone warns USD stablecoins threaten European bank deposits and monetary policy, pushing the digital euro as the solution.
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decrypt.co
ECB Warns Stablecoins May Drain Bank Deposits—Here's What That Means - Decrypt
ECB board member Piero Cipollone laid out the three-layer threat banks face from stablecoins. And pitched a digital euro as the answer.