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BSCN·2026-05-10 09:35
LAGARDE SLAMS US STABLECOIN MODEL, PUSHES "FORTRESS EUROPE" DIGITAL EURO@Lagarde delivered her sharpest pushback yet on euro stablecoins Friday, calling the case "far weaker than it appears" and warning that even euro-denominated tokens like the upcoming Qivalis bank consortium coin pose financial stability risks.Her argument: stablecoins growing from under $10B to $310B in six years, 98% dollar-denominated, threatens "monetary sovereignty." She referenced USDC's 2023 SVB de-peg as proof. Her counter is the ...