European Central Bank Governing Council member and Governor of the Bank of Spain, Escrivá, stated: "Private stablecoins are essentially unable to anchor the monetary system; their stability relies on confidence in their backing, and this confidence may disappear precisely when it is needed most."

European Central Bank Governing Council member and Governor of the Bank of Spain, Escrivá, stated: "Private stablecoins are essentially unable to anchor the monetary system; their stability relies on confidence in their backing, and this confidence may disappear precisely when it is needed most."

老虎证券2026/05/09 14:23

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What central banks provide—something no private tool can replace—is the ultimate anchor of trust on which the financial system depends.

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European Central Bank Governing Council member and Governor of the Bank of Spain, Escrivá, stated: "Private stablecoins are essentially unable to anchor the monetary system; their stability relies on confidence in their backing, and this confidence may disappear precisely when it is needed most."

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