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ECB warns: stablecoins threaten Europe's financial stability

七月, 29 2025

ECB senior economist Juergen Schaaf warned about the risks of widespread use of stablecoins pegged to the US dollar. Tokens such as Tether (USDT) and Circle (USDC) dominate the market (about 99%) and are actively used for cross-border transfers. However, their popularity threatens Europe's financial stability and monetary sovereignty. Loss of trust in the stablecoin security system can cause an «infection effect» affecting traditional finance. Schaaf emphasizes that the appearance of ... 阅读更多

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