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

Bitcoin.com

Bitcoin News / Bitcoin.com 11 Views

ECB Warns Stablecoins’ Growth Spurs Potential Spillover Risks in Euro AreaThe 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 ( […]
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