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Stablecoin growth will erode bank deposits, says ECB’s Cipollone

Cointelegraph· Cointelegraph by Yohan Yun· Jul 17, 2026 · 12:03 PM
Stablecoin growth will erode bank deposits, says ECB’s Cipollone

ECB’s Piero Cipollone said stablecoin adoption could erode bank deposits, arguing the digital euro would keep banks at the center of payments.

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