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Lagarde Blocks Euro Stablecoin Push, Calls $300B Market a Stability Risk for ECB Policy – Bitcoin News
Key Takeaways ECB President Lagarde called euro-denominated stablecoins a financial stability risk on May 8, 2026. Lagarde mentioned that USDC depegged to $0.877 during SVB’s 2023 collapse, exposing $3.3 billion in Circle reserves. The ECB’s […]
