💎 ECB PITCHES DIGITAL EURO AS RESPONSE TO TRUMP’S CRYPTO PUSH Euro zone banks need a digital euro to respond to U.S. President Donald Trump’s push to promote stablecoins, a type of cryptocurrency typically pegged to the U.S. dollar, European Central Bank board member Piero Cipollone said on Friday. Trump said he would “promote the development and growth of lawful and legitimate dollar-backed stablecoins worldwide” as part of a broader crypto strategy that he sketched out in an executive order issued on Thursday.

💎 BTC.X ETH.X ECB PITCHES DIGITAL EURO AS RESPONSE TO TRUMP’S CRYPTO PUSH

Euro zone banks need a digital euro to respond to U.S. President Donald Trump’s push to promote stablecoins, a type of cryptocurrency typically pegged to the U.S. dollar, European Central Bank board member Piero Cipollone said on Friday.

Trump said he would “promote the development and growth of lawful and legitimate dollar-backed stablecoins worldwide” as part of a broader crypto strategy that he sketched out in an executive order issued on Thursday.

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