Joachim Nagel, president of Germany’s central bank, supports the introduction of euro-pegged CBDC and stablecoins to make Europe more independent in payment systems. US President Donald Trump recently signed a bill allowing US dollar-pegged stablecoins, potentially challenging the rollout of euro-pegged stablecoins. Washington lawmakers are meeting with industry reps to discuss the CLARITY Act, which aims to regulate digital assets, including stablecoin rewards.

Read more at Cointelegraph: Germany‘s Central Bank President Touts Stablecoin Benefits for EU