ECB’s Lagarde Sounds Alarm: Stablecoin Boom Could Trigger ’Privatization of Money’ by 2025

Stablecoins aren't just disrupting payments—they're threatening to rewrite the rules of monetary sovereignty. ECB President Christine Lagarde fired a warning shot across crypto's bow this week, arguing that mass adoption could effectively privatize money itself.

The eurozone's top banker stopped short of calling for outright bans, but her rhetoric signals growing institutional panic. When centralized stablecoins like USDT process more daily transactions than Visa, who needs legacy rails?

Behind the scenes: Regulators are scrambling to maintain control as algorithmic and collateralized stablecoins eat their lunch. The irony? Banks spent decades privatizing profits while socializing risks—now they're crying foul over fair competition.

One thing's clear: The battle for the future of money just went hot. And Lagarde's comments suggest the ECB would rather fight than switch.