ECB’s Cœuré weighs stablecoin risks

Executive board member calls for improved global payment systems while preserving global policy priorities

Benoît Cœuré: particularly focused on libra, the Facebook-backed stablecoin project

Policy-makers globally will need to strike the right balance between effectiveness and security when dealing with stablecoin technologies, said Benoît Cœuré in a speech on September 17.

The member of the executive board of the European Central Bank assessed the challenges and opportunities created by stablecoins – crypto assets with value-stabilising characteristics.

Cœuré particularly focused on libra, the Facebook-backed stablecoin project.

“Although private digital forms of money have been

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: