The ECB says rapid stablecoin growth raises financial-stability concerns for the euro area despite currently limited local exposure. The European Central Bank (ECB) on Monday published a report authored by Senne Aerts, Claudia Lambert and Elisa Reinhold noting that global stablecoin market capitalization now exceeds $280 billion and is dominated by US dollar-denominated tokens ( […]
Source: https://news.bitcoin.com/ecb-warns-stablecoins-growth-spurs-potential-spillover-risks-in-euro-area/
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