Advertise
Olaf Sleijpen, Dutch central bank governor and ECB member, warned that the rapid growth of U.S. dollar stablecoins, now worth over $300 billion after a 48% rise this year, could risk Europe’s economy. He cautioned that if there’s a rush to redeem stablecoins backed by U.S. Treasuries, it might cause quick sell-offs, threatening financial stability worldwide. Sleijpen said such a scenario could force the ECB to adjust its interest rate policy to handle the fallout, impacting inflation and the broader economy.
Trust with CoinPedia:
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Yes 
No 
