ChainCatcher News, according to Jinshi, European Central Bank Executive Board member Nagel stated that euro-pegged stablecoins can facilitate inexpensive international transfers and complement the European Central Bank’s efforts to promote the digital euro. He emphasized that Europe must become more independent in its payment systems and highlighted the importance of creating a digital euro. Nagel mentioned that euro-pegged stablecoins can be used by individuals and businesses for low-cost cross-border payments, indicating that the ECB’s attitude toward this area is becoming more open.
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