French Finance Minister: More Euro stablecoins needed and promotion of tokenized deposits

According to CoinDesk, French Finance Minister Roland Lescure stated that Europe needs more stablecoins denominated in euros and encourages EU banks to accelerate the exploration of tokenized deposits. He believes that the current size of Euro stablecoins is far lower than that of US dollar stablecoins, which is' unsatisfactory '. In contrast, former Finance Minister Bruno Le Maire has opposed privately issued stablecoins, and French Central Bank Governor Francois Villeroy de Galhau has also warned that stablecoins may threaten monetary sovereignty.