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ECB Rejects Euro Stablecoin Push, Warning of Risks to Banks and Monetary Policy

Posted on May 23, 2026
By Cointelegraph
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1 min read

ECB Rejects Euro Stablecoin Push, Warning of Risks to Banks and Monetary Policy

The European Central Bank pushed back on proposals to boost euro stablecoins at an informal EU finance ministers meeting in Nicosia, warning that central bank-style support for issuers could destabilize banks.