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    Home » Italian Finance Minister Sounds Alarm: US Stablecoins Could Outweigh Tariff Risks
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    Italian Finance Minister Sounds Alarm: US Stablecoins Could Outweigh Tariff Risks

    wsjcryptoBy wsjcrypto16 Aprile 2025Nessun commento3 Mins Read
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    The Italian economy and finance minister expressed concerns that US stablecoin regulations are more alarming than President Donald Trump’s tariffs, pointing to the risk these digital assets pose to the euro’s supremacy in international transactions.

    While addressing an audience in Milan, Giancarlo Giorgetti noted that although tariff disputes garner significant media attention, emerging US regulations on dollar-backed stablecoins represent an “even more perilous” risk to the stability of European finances, as reported by Reuters.

    Giorgetti stated that US stablecoins enable individuals to invest in a widely recognized approach for international transactions without needing to establish a US bank account. He cautioned against underestimating the increasing allure of US stablecoins for Europeans.

    The minister urged EU policymakers to implement more measures to enhance the euro’s status as a global currency. He remarked that the digital euro, currently being developed by the European Central Bank (ECB), will be crucial to reducing the reliance of Europeans on foreign alternatives.