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 stand, stablecoins should not be treated as money. ECB President Christine Lagarde Warns About the Dangers of Stablecoin Adoption The rise in stablecoin adoption is […]