ECB President Lagarde's speech on "Stablecoins and the future of money: separating functions from instruments"

Lagarde's speech focuses on the implications of stablecoins for monetary policy and the broader financial system. Her insights could signal a shift in the ECB's approach to digital currencies, particularly in how they address challenges related to regulation and financial stability. Market participants should monitor any hints regarding the ECB's future policy direction on digital assets, as this may impact the euro and fixed income markets.