“Stablecoins are more worrying than tariffs,” says Italian Minister
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The official asked not to underestimate the charm of the stablecoins for eurozone users.
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The digital euro would arrive before October, according to statements by Christine Lagarde.
In an event on finance held in Milan, the Minister of Economy of Italy, Giancarlo Giorgetti, expressed concern about the growing impulse that Stablocoins are winning from the United States. The official said that, while many focus on tariffs, in his opinion the new policies linked to stable currencies represent an even greater risk.
Although Giorgetti acknowledges that projects such as USDT and USDC are attractive to unstable economies, since they provide “the opportunity to invest in widely accepted assets for international transactions, without the need for an account in the US Banks. UU.”, Also warned that Its potential should not be underestimated to capture the citizens of the European Union.
Unlike traditional cryptocurrencies, which usually experience large fluctuations, stablecoin were designed to facilitate rapid, safe and global transactions, providing users The confidence that its value will remain constant.
According to the minister, US policies on Stablcoins allow European citizens to have an attractive payment alternative for cross -border transactions, and should generate more concern than tariffs imposed by the Trump administration. In this context, he urged the European Union to accelerate measures that position the euro as an international reference currency.
“The digital euro will be key in reducing the dependence on foreign solutions when making payments,” said Giorgetti.
These statements coincide with the progress of the European Central Bank (ECB) in the development of its own “Central Bank Digital” (CBDC), which seeks to offer an electronic version of cash, combining the security of physical money with the comfort of digital payments. Although the president of the ECB, Christine Lagarde, said October 2025 as a possible release date, The legislative process is not yet complete and doubts persist about the strength of its technological infrastructure.
Meanwhile, in the United States they continue to evaluate different projects to regulate the Stablecoins. At the end of March, BO HIES, president of the Presidential Council of Advisors on Digital Assets, concluded the approval of the Genius Law in the Senate Banking Committee. According to HIES, having a clear regulatory framework for stable currencies will contribute to preserving the hegemony of the dollar as a means of global reserve. In addition to the Genius law, work is also being done on the so -called Stable Law.
This panorama occurs in the middle of a turn in the United States position towards the cryptocurrency sector, driven by a Donald Trump administration that has adopted a more open and proactive approach. From his return to the White House, Trump and his team have implemented a series of measures to earn the support of the community, such as the release of Ross Ulbricht, the prohibition of CBDC and the implementation of a Bitcoin strategic reserve. However, it is also important to point out that The tariff war promoted by its government has had negative effects on the cryptoactive marketalthough some analysts believe that Bitcoin has resisted significantly.
