Rising stablecoin use could cement dollar dominance, ECB's Schnabel says
Corroborated by 3 sources from 3 publishers
TL;DR
Reports differ across sources; according to finance.yahoo.com, fRANKFURT, June 1 (Reuters) - The increased use of stablecoins could reinforce the dollar's global dominance, undermine some nations' ability to set monetary policy and even diminish the role of the euro, European Central Bank board member Isabel Schnabel said on Monday.
Sources
1
Yahoo Finance News
https://finance.yahoo.com/markets/crypto/articles/rising-stablecoin-could-cement-dollar-001211157.html
2
Investing.com News
https://www.investing.com/news/forex-news/rising-stablecoin-use-could-cement-dollar-dominance-ecbs-schnabel-says-4717965
3
Fox News Latest Headlines
https://www.foxnews.com/outkick-culture/rising-pop-culture-star-rachel-pizzolato-concludes-massive-may-miami-swim-week-ric-flairs-health-meat