ECB Official Warns: Stablecoin Run Could Force ECB to Adjust Rate Path
BlockBeats News, November 17th, According to FT, Olaf Sleijpen, President of the Dutch Central Bank and Member of the ECB's Executive Board, warned that once a stablecoin faces a run, it may force the European Central Bank (ECB) to readjust its interest rate path. The impact is not only limited to financial stability but may also quickly transmit to the European economy and inflation.
Sleijpen stated that the scale of the USD stablecoin has surged by 48% to over $300 billion this year, accelerating its expansion after regulatory relaxation in the United States. If a large number of stablecoins with US bonds as underlying assets face a run, it may trigger an asset "fire sale," causing systemic risks to the global market.
You may also like
340 billion valuation: Li Yanhong's largest IPO, a seat in Kunlunxin's shares is hard to come by
Stablecoins are the "royalists" of the crypto world: Open USD brings the old currency system into play
Semiconductor stocks plummet, yet Anthropic wants to create a 2nm chip
Where is Zhao Changpeng's billion-dollar investment going? YZi Labs' investment landscape fully revealed
Ethereum Foundation Report: A Basic Guide to Ethereum for Governments and Financial Institutions
A pre-announced harvesting case: After the cryptocurrency price dropped by 99%, the public chain Saga exited to transform into AI
When American giants collectively "defect" from Chinese AI models
BIS Report Compliance Observation: The Real Risks of Stablecoins, Not Just "Depegging"
Portugal 2-1 Croatia: Ronaldo's 20-Year Knockout-Stage Drought Ends With a Debt Finally Collected
Portugal beat Croatia 2-1 in the 2026 global football championship's knockout rounds as Ronaldo scored his first-ever knockout-stage goal, Gonçalo Ramos struck a stoppage-time winner, and VAR ruled out a late equalizer for offside.
