Bigger Threat Than Tariffs? Italy’s Minister Warns US Stablecoins Could Destabilize the Euro

Italy’s Economy Minister warned that U.S. dollar stablecoins threaten euro stability more severely than trade tariffs. As stablecoins become popular for cross-border transactions, the ECB accelerated its digital euro project to counter fragmentation of the EU payment industry. Meanwhile, U.S. lawmakers advanced the STABLE Act to regulate stablecoin issuers.
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