ECB's Lagarde: Euro Stablecoins Aren't the Answer, Build Public Infrastructure Instead

European Central Bank President Christine Lagarde spoke out against the development of EUR-pegged stablecoins in a speech earlier today, May 8, at the inaugural Banco de España LatAm Forum in Spain. Lagarde argues that stablecoins perform two distinct functions: a monetary one, extending a... Read the full story at The Defiant