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Euro-denominated stablecoins seen as threat to financial stability, Fernando Nikolic warns


Fernando Nikolic, founder at Perception, highlights growing concern among European central bankers about the impact of digital currencies. Nikolic reports that Christine Lagarde has publicly warned about “digital dollarization” in Europe, suggesting that euro-denominated stablecoins could threaten financial stability.

Nikolic says that references to “financial stability” by central bankers often signal underlying worries about the competitiveness of their currency.

Nikolic previously highlighted bitcoin breaking 80,000, noting that institutions continued to lag behind changing market trends. He also compared U.S. Congressional scrutiny of Libra with the quieter launch of Stripe and USDC’s collaboration. These observations add to his recent focus on central bank concerns about digital currencies.


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