At her first press conference as head of the European Central Bank (ECB), Christine Lagarde outlined her plans to lead the ECB “ahead of the curve” in the field of digital currency. “There is clearly a demand out there that we have to respond to,” she said, referring to stablecoins.
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Lagarde’s Plans to Put ECB ‘Ahead of the Curve’
New European Central Bank (ECB) President Christine Lagarde talked about her digital currency plans while explaining other monetary policy decisions at her first news conference as head of the ECB on Thursday. The press conference followed a meeting of policymakers in Frankfurt where the topic of central bank digital currencies was reportedly discussed. In answering questions regarding the Eurosystem’s digital currency, Lagarde said:
My personal conviction is that given the developments we are seeing, not so much in the bitcoin segment, but in the stablecoins projects … we had better be ahead of the curve if…