Bank of Italy chief says banks, not stablecoins, anchor digital money

January 21, 2026 1 min read 28 views

The Bank of Italy's Fabio Panetta said stablecoins can only play a complementary role in the monetary system, arguing that their stability depends on fiat currency pegs.

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Bank of Italy chief says banks, not stablecoins, anchor digital money

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Bank of Italy chief says banks, not stablecoins, anchor digital money

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