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The expansion of stablecoins poses a threat to the financial independence of the EU.
📈 The global stablecoin market has grown to $250 billion. Most of them are pegged to the US dollar, which is why the European Central Bank expresses concern.
➡️ The advisor of the ECB's Market Infrastructure and Payments Department, Jürgen Schaaf, listed a number of problems, including the weakening of banks, the rise of illegal transactions, and the loss of control over the financial system.
✅ There is currently no talk of a ban, but the expansion of stablecoins is forcing the ECB to implement the digital euro more quickly.