Why Europe should not just copy the American stablecoin model
President of the European Central Bank (ECB), Christine Lagarde, argued against the need for privately issued euro-pegged stablecoins, even in the face of a market 98% dominated by dollar-denominated tokens. Despite the rapid global adoption of USD stablecoins, Largarde argued that Europe should focus on building tokenized settlement infrastructure anchored in central bank money rather […]
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