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

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

by Katherine Dowd



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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