24-May-2026
Economy News
 
ECB Rebuffs Proposals to Boost Euro Stablecoins as Too Risky
23-May-2026

The European Central Bank warned European Union finance ministers on Friday that proposals to issue more euro stablecoins could reduce bank lending and make controlling interest rates harder, three sources told Reuters. Brussels-based economic think tank Bruegel prepared a paper for the EU's top financial policymakers that called for easing liquidity requirements for crypto issuers and potentially giving them access to ECB funding.

News Source:- https://money.usnews.com/investing/news/articles/2026-05-22/ecb-rebuffs-proposals-to-boost-euro-stablecoins-as-too-risky