X @Wu Blockchain

Stablecoin Risks - Dutch central bank governor Olaf Sleijpen warns a stablecoin run could force the ECB to adjust interest rate path [1] - Potential effects of stablecoin run extend to Europe's economy and inflation [1] - U_S_ dollar stablecoins surged 48% this year [1] - U_S_ dollar stablecoins now exceed $300 billion [1] - Large-scale redemptions of stablecoins backed by U_S_ Treasuries could trigger rapid sell-offs [1] - Rapid sell-offs could lead to systemic global risks [1]