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ECB President Christine Lagarde Warns Stablecoin Adoption Might Lead to ‘Privatization of Money’

Lagarde stated that the rise of stablecoin adoption has introduced other risks, as it weakens sovereignty and reduces the ability to conduct monetary policy. She emphasized that, as they currently…

Continue ReadingECB President Christine Lagarde Warns Stablecoin Adoption Might Lead to ‘Privatization of Money’