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According to a report by Jinse Finance, Bloomberg analyst Walter Bloomberg released market news stating that European Central Bank President Piero Cipollone said Europe must establish its own digital asset market to maintain financial stability. He supports the use of the digital euro for daily payments and warned that if deposits shift to foreign tokens, stablecoins could weaken banks and monetary policy. Although stablecoins can facilitate cross-border payments, he pointed out that Europe already provides fast and secure central bank fund transfer services.

Jinse Finance reported that Jeremy Kranz, founder and managing partner of venture capital firm Sentinel Global, stated that investors should "proceed with caution" when considering privately issued stablecoins, as stablecoins not only carry all the risks of central bank digital currencies (CBDCs) but also have their own unique risks. He noted that if JPMorgan were to issue a USD stablecoin and control it through the Patriot Act or other future legislation, they could freeze your funds and deprive you of your bank account. Investors should "discern right from wrong" and read the fine print of any stablecoin.