According to Reuters, the European Central Bank opposed proposals to ease rules for euro stablecoins, citing concerns that broad
23 May 2026, 05:29
🇪🇺🏦According to Reuters, the European Central Bank opposed proposals to ease rules for euro stablecoins, citing concerns that broader issuance could reduce bank lending and complicate interest-rate control.
Central bankers, including ECB President Christine Lagarde, expressed worries that stablecoins might drain bank deposits and weaken lenders' funding. Brussels-based think tank Bruegel warned that stricter EU rules could push activity offshore and deepen "digital dollarization." #stablecoin