欧央行高官警告：稳定币系统性风险不容忽视，一旦遭遇挤兑或迫使利率政策转向

Group 1 - The European Central Bank (ECB) is warned about the potential systemic importance of stablecoins linked to the US dollar, which have surged in size, exceeding $300 billion, with a 48% increase this year [1] - Olaf Sleijpen, a member of the ECB's governing council, expressed concerns that a panic sell-off of underlying assets of unstable stablecoins could threaten financial stability and impact the broader economy and inflation [1] - The ECB may need to reconsider its monetary policy in response to the risks posed by stablecoins, although the direction of any policy adjustment remains uncertain [1] Group 2 - Despite the warnings regarding future risks, Sleijpen maintains a relatively optimistic view on current monetary policy, noting improvements in the Eurozone since June, with reduced trade uncertainty and better-than-expected economic growth [2] - He believes there is "no reason" to adjust interest rates based on current information, and views inflation risks as "balanced," contrasting with a more hawkish perspective from other ECB officials [2] - Investor expectations indicate only a 25% chance of a 25 basis point rate cut by the end of next year, reflecting a cautious outlook on future monetary policy adjustments [2]