EU Pushes Digital Euro to Challenge U.S. Stablecoins

To combat U.S. dollar-backed stablecoins, the European Central Bank fast-tracks the development of the digital euro. This article explains the current situation surrounding the digital euro and its significance. Why Is the EU Prioritizing a Digital Euro? ECB board member Piero Cipollone warned that U.S stablecoins tied to the U.S. dollar could threaten European banks. […] The post EU Pushes... source: https://www.altcoinbuzz.io/cryptocurrency-news/eu-pushes-digital-euro-to-challenge-u-s-stablecoins/