ECB board member Piero Cipollone laid out the three-layer threat banks face from stablecoins. And pitched a digital euro as the answer.

ECB board member Piero Cipollone warns USD stablecoins threaten European bank deposits and monetary policy, pushing the digital euro as the solution.

ECB board member Piero Cipollone laid out the three-layer threat banks face from stablecoins. And pitched a digital euro as the answer.