CryptoCointelegraphabout 11 hours ago
ECB warns stablecoins threaten bank deposits
1 min read
ECB Executive Board member Piero Cipollone said stablecoin adoption could erode commercial banks' retail deposit base. The digital euro would preserve banks' role in payments. The ECB selected 36 payment service providers for a 12-month digital euro pilot beginning in the second half of 2027.
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