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β‚Ώ **ECB's Lagarde’s digital euro warning: Why Europe shouldn’t just copy the U.S. stablecoin model**

Lagarde warned that large stablecoins like Tether and USDC, which now dominate a $310 billion market, pose financial stability risks and could transmit stress to underlying asset markets during periods of turmoil.

πŸ”— https://www.coindesk.com/business/2026/05/08/ecb-s-lagarde-warns-tether-and-circle-stablecoins-risk-digital-dollarisation-in-europe

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