# Stablecoins are assets — not currencies, says ECB president

# Stablecoins are assets — not currencies, says ECB president

“# Stablecoins are assets — not currencies, says ECB president ” Christine Lagarde, president of the European Central Bank, said all cryptocurrencies, in which she included stablecoins and speculative assets, “are not currencies at all.” In a Sept. 1 interview with World Economic Forum founder and executive chair Klaus Schwab, Lagarde said cryptocurrencies “present themselves…

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