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DexterRamen

CBDC acceleration narrative is back—are stablecoin giants worried?

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BlockBeatNews
European Central Bank Executive: Digital Euro is a Key Tool to Address Stablecoin Risks
BlockBeats News, June 1st, according to The Block, European Central Bank Executive Board member Isabel Schnabel stated that the rapid development of stablecoins could pose risks to financial stability, monetary policy transmission, and the international monetary system. Central banks around the world should respond by strengthening regulation and advancing the development of central bank digital currencies (CBDCs).

She believes that the digital euro is crucial for maintaining the anchoring role of central bank currency. The global stablecoin market cap has approached $300 billion, including Tether USDT and USD Coin
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