ECB board member: Trump's push for dollar-backed stablecoins could 'further weaken banks' intermediary role'
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2025-01-26 03:02 2,529
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Golden Finance reported that at the Frankfurt Conference, Piero Cipollone, a member of the European Central Bank board, emphasized the necessity of digital euro (CBDC).
He mentioned concerns about the stable coins that Trump promoted the support of the US dollar, and he warned that it might "further weaken the intermediary role of banks."