Ex-ECB Official Urges Europe to Back Euro Stablecoins or Risk Losing Financial Power

coindesk.com/business/2025/07/05/ex-ecb-official-urges-europe-to-back-euro-stablecoins-or-risk-losing-financial-power

Stablecoins are growing fast. Most of the $255 billion sector is currently concentrated in U.S. dollar-backed tokens, which account for $241 billion of that total, according to RWA.xyz data.
Former European Central Bank board member and chair of Société Générale, Lorenzo Bini Smaghi, has…

This story appeared on coindesk.com, 2025-07-05 14:56:17.
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