PANews reported on November 17 that, according to the Financial Times, Olaf Sleijpen, the new governor of the Dutch central bank and a member of the European Central Bank's policy board, said that if the size of stablecoins pegged to dollar assets continues to surge and a run occurs, it could impact European financial stability, the economy, and inflation, forcing the European Central Bank (ECB) to reassess its monetary policy direction.PANews reported on November 17 that, according to the Financial Times, Olaf Sleijpen, the new governor of the Dutch central bank and a member of the European Central Bank's policy board, said that if the size of stablecoins pegged to dollar assets continues to surge and a run occurs, it could impact European financial stability, the economy, and inflation, forcing the European Central Bank (ECB) to reassess its monetary policy direction.
Dutch Central Bank Governor: A run on stablecoins could force the European Central Bank to reconsider its interest rate policy.
PANews reported on November 17 that, according to the Financial Times, Olaf Sleijpen, the new governor of the Dutch central bank and a member of the European Central Bank's policy board, said that if the size of stablecoins pegged to dollar assets continues to surge and a run occurs, it could impact European financial stability, the economy, and inflation, forcing the European Central Bank (ECB) to reassess its monetary policy direction.
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