Olaf Sleijpen, the new governor of the Dutch central bank and a member of the European Central Bank's policy board, has raised concerns about the potential impact of stablecoins on European financial stability. Sleijpen stated that if stablecoins pegged to dollar assets continue to grow significantly and experience a run, it could affect the region's financial stability, economy, and inflation. This scenario might compel the European Central Bank to reconsider its current interest rate policy to address these challenges.
Dutch Central Bank Governor Warns Stablecoin Run Could Impact ECB Policy
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