Italian Minister Warns US Stablecoins Pose Risk to Global Economy

Italian Minister Giancarlo Giorgetti has raised alarm bells about the potential dangers posed by US dollar-backed stablecoins. He believes these digital assets pose a greater economic threat than tariffs, highlighting the urgent need for clear regulatory frameworks. His statement comes amid growing global concerns over the stability and volatility of this burgeoning technology. Giorgetti’s warnings echo broader anxieties about stablecoin regulation and market disruptions, leading financial experts to call for increased scrutiny and tighter guidelines to safeguard financial stability.