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Bank of Italy chief says banks, not stablecoins, anchor digital money

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Bank of Italy chief says banks, not stablecoins, anchor digital money

Bank of Italy chief says banks, not stablecoins, anchor digital money

The Bank of Italy's Fabio Panetta said stablecoins can only play a complementary role in the monetary system, arguing that their stability depends on fiat currency pegs.


Source: Bank of Italy chief says banks, not stablecoins, anchor digital money
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