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European Central Bank board member Isabel Schnabel cautions that stablecoins risk bringing money-market vulnerabilities into tokenized finance while potentially strengthening dollar dominance.
European Central Bank President Christine Lagarde warns against euro stablecoins, citing structural weaknesses as the ECB charts its own digital currency path.
ECB President Christine Lagarde argues Europe should build central bank-backed digital infrastructure rather than rely on private stablecoins to boost the euro's international standing.
ECB’s Lagarde warns Europe against adopting the U.S. stablecoin model, citing risks to financial stability and urging a unique digital euro design.