ECB Warns $300B Stablecoin Market Poses Systemic Risk to European Monetary Policy

Dutch central bank governor Olaf Sleijpen has warned that the $300 billion stablecoin market may require European Central Bank monetary policy adjustments if growth continues at current rates. The market has expanded over 48% this year following new U.S. regulations. Euro-pegged stablecoins represent only 0.18% of global circulation compared to dollar tokens' 99.58% dominance, according to DefiLama data.