ECB Warns Stablecoins Threaten Euro Zone Stability
Update: 2025-11-24
Description
The European Central Bank warns of potential risks from stablecoins, digital currencies with a steady value. Stablecoins growing popularity, with over $280 billion market value, poses concerns for traditional banks and global financial stability. The ECB fears stablecoins could draw retail deposits away from banks and cause sudden asset sales, disrupting U.S. Treasury markets and potentially increasing financial instability in the EU.
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