bruegel-欧盟遏制稳定币风险的新战略 A new strategy to contain stablecoin risks in the European Union.pdf

bruegel-欧盟遏制稳定币风险的新战略 A new strategy to contain stablecoin risks in the European Union.pdf

PolicyBrief09/2026

Anewstrategytocontainstablecoinrisks

intheEuropeanUnion

LucreziaReichlin,BoSangersandJerominZettelmeyer

LucreziaReichlin(lucrezia.Executivesummary

reichlin@)isa

Non-residentFellowatBruegelStablecoinS–aformoftokenisedmoneyissuedpr

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