ECB Warns: Stablecoins Threaten European Monetary Sovereignty
The European Central Bank (ECB) published a working paper on March 3, 2026 that reads like a solemn warning. Signed by six economists from the institution, including Carlo Altavilla and Miguel Boucinha, this paper analyzes the macroeconomic consequences of the growing adoption of stablecoins in the eurozone. The verdict is unequivocal: if dollar-pegged stablecoins continue…







