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ECB’s Lagarde’s digital euro warning: Why Europe shouldn’t just copy the U.S. stablecoin model

ECB’s Lagarde’s digital euro warning: Why Europe shouldn’t just copy the U.S. stablecoin model

2026-05-09

Lagarde warned that large stablecoins like Tether and USDC, which now dominate a $310 billion market, pose financial stability risks and could transmit stress to underlying asset markets during periods of turmoil.

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