The alarm in Brussels: is the euro in danger?

European Central Bank (ECB) Chief Economist Philip R. Lane pointed to the growing influence of so-called stablecoins backed in US dollars on the markets of the member states of the European Union. The increasing use of this type of cryptocurrencies, according to Lano, threatens to reduce the role of the euro in European payment transactions. As one of the central solutions for safeguarding the stability of the European financial system, the econ…

The body chaired by Christine Lagarde is betting on the digital currency as a shield to preserve the euro