ECB’s Sleijpen Warns of Stablecoin Run Impact on Rate Outlook

Olaf Sleijpen, Dutch central bank governor and member of the European Central Bank (ECB) Governing Council, has warned that a potential run on major stablecoins could force the ECB to reconsider its monetary policy course. This move would have significant implications for the broader European economy and inflation outlook. His statement comes at a time when dollar-denominated stablecoins have experienced rapid growth, intensifying concerns about cross-border financial stability.