A potential run on stablecoins could force the European Central Bank to reconsider its monetary policy approach, according to Dutch central bank governor Olaf Sleijpen, who warned that dollar-pegged digital tokens are rapidly approaching systemic relevance. The $300 billion stablecoin market, which has surged over 48% this year following new U.S. regulations under President Trump, now poses direct risks to European financial stability, economic growth, and inflation control that may require ECB interventi ...