Chiara Scotti, deputy governor of the Bank of Italy, has called on the European Union to provide clear regulatory guidelines for cross-border stablecoins. Speaking at a central banking conference in Rome, Scotti emphasized the legal and financial-stability risks associated with the current lack of clarity. She stressed the importance of specific guidance for stablecoins issued outside the EU but redeemable within the bloc. The European Commission and the European Central Bank (ECB) are currently at odds over how a multi-country issuance model should be regulated. Scotti warned that without clear legislation, the EU could face significant operational and stability risks. This call for clarity comes as the EU continues to develop its Markets in Crypto-Assets (MiCA) regulation, aiming to balance innovation with necessary safeguards.