ECB reiterates need for a digital euro to counter influence of dollar-based stablecoins

European Central Bank (ECB) Chief Economist Philip Lane has reiterated the need for a digital euro, emphasizing its role in mitigating risks from stablecoins and reducing reliance on US payment fir...

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ECB reiterates need for a digital euro to counter influence of dollar-based stablecoins

Source: CryptoSlate

European Central Bank (ECB) Chief Economist Philip Lane has reiterated the need for a digital euro, emphasizing its role in mitigating risks from stablecoins and reducing reliance on US payment firms, Bloomberg News reported on March 20. Lane said at a conference in Cork, Ireland, that the digital euro central bank digital currency (CBDC) is […]