President of the European Central Bank (ECB), Christine Lagarde declared to the European Parliament that stablecoin expansion across international borders must be governed by robust rules to protect monetary policy and financial stability

Date

June 23, 2025

Quotes that support claims

It comes after ECB president Christine Lagarde told the European parliament on Monday that “stablecoins . . . pose risks for monetary policy and financial stability [and] must therefore be governed by sound rules, especially when they operate across international borders”.

ECB President Christine Lagarde previously urged policymakers to tighten restrictions on stablecoin issuers, citing the risk of capital flight and reduced monetary sovereignty.

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Week 26 of 2025