ECB Alarms: Dollar-Backed Stablecoins Jeopardize Eurozone Sovereignty and Stability
The European Central Bank (ECB) has issued a stark warning: the rise of dollar-backed stablecoins poses a serious threat to the eurozone’s financial sovereignty and stability. With private stablecoins now valued at $250 billion globally, the ECB fears a “dollarized” economy could emerge, undermining the euro’s role. Here’s what you need to know. Why is […]
