ECB Warns Stablecoins’ Growth Spurs Potential Spillover Risks in Euro Area

The ECB says accelerated stablecoin maturation raises financial-stability concerns for the euro country contempt presently constricted section exposure. The European Central Bank (ECB) connected Monday published a study authored by Senne Aerts, Claudia Lambert and Elisa Reinhold noting that planetary stablecoin marketplace capitalization present exceeds $280 cardinal and is dominated by US dollar-denominated tokens ( […]