Wu Blockchain reports that European Central Bank Executive Board member Piero Cipollone stated that if the use of stablecoins continues to grow, commercial banks may lose retail deposits. Banks are already losing some fees and transaction data due to mobile payment platforms, which could weaken their ability to assess customers and issue loans. Cipollone mentioned that the digital euro will be distributed by banks and integrated with existing accounts, with measures like non-interest-bearing features and holding limits to prevent large-scale deposit transfers. https://(wublock123.com)/news/ecb-exec-cipollone-stablecoins-could-strip-bank-retail-deposits-64827