Legal and Operational Risks Highlighted

[lingriiddd]

Scotti highlighted that multi-country stablecoin models could face significant challenges. For example, non-EU subsidiaries might need to transfer assets to cover redemption requests from EU holders, potentially creating legal and operational headaches.

While cross-border issuance can increase global liquidity and scalability, the lack of unified EU standards creates uncertainty. Scotti emphasized the importance of timely legislation or standard-setting to prevent systemic risks in the financial system.

[JanEmil]

If EU have EU stables that will not be the issue.

[Couturier]

Stablecoins promise stability, but without unified regulations across borders, even the 'stable' part can get shaky Clear EU standards are key to preventing the next big financial headache.