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armina Tehrani 🧿
@armiinatehrani
The European Central Bank (ECB) is pushing for a digital euro in response to US President Donald Trump’s promotion of stablecoins that are pegged to the US dollar. Piero Cipollone, a member of the European Central Bank’s executive board, has stressed the need for a digital euro to counter the growing influence of stablecoins. He warned that they risk reducing the role of banks as intermediaries by attracting customers with lower fees and greater convenience.💥✅
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