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ECB urged to fast-track digital euro amid Trump’s stablecoin push – TON BOT

ECB urged to fast-track digital euro amid Trump’s stablecoin push

ECB board member Piero Cipollone stated that the ECB needs to speed up the launch of a digital euro in response to Trump’s move to promote dollar-backed stablecoins globally. Trump’s executive order aims to boost stablecoin growth, posing a threat to traditional banking. The ECB plans to cap digital euro holdings to protect banks.


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