ECB Rejects Proposals to Boost Euro Stablecoins, Says It’s Too Risky
On May 22, 2026, the European Central Bank (ECB) rejected proposals from the Bruegel think tank to ease liquidity rules, grant stablecoin issuers access to ECB funding, and designate the ECB as lender of last resort for them. ECB President Christine Lagarde and other officials cited risks including bank deposit flight, higher funding costs, reduced […]
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