Stablecoin Concerns Rise: European Central Bank Warns of Macroeconomic Risks

The European Central Bank (ECB) may soon need to view stablecoins as a potential source of macroeconomic risk, not just a regulatory issue. According to Cointelegraph, the ECB’s perspective is shared by Olaf Sleijpen, Governor of the Dutch central bank, who highlighted the rapid growth of dollar-pegged stablecoins and their potential to become systemically significant within Europe’s financial ecosystem. If these tokens were to destabilize, they could impact financial stability, the broader economy, and even inflation.