August 4, 2025

ECB Says U.S.-Backed Stablecoin Use in EU Could Weaken Its Monetary Autonomy

Widespread use of U.S. dollar-denominated stablecoins in the European Union (EU) for payments or settlement could damage the European Central Bank’s control over monetary conditions, an ECB adviser said.If U.S.-backed stablecoins, digital assets that are …

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