Banque de France questions stability of stablecoins

You are currently viewing La Banque de France met en doute la stabilité des stablecoins

According to the national central bank, the rapid development of these crypto-assets and the high concentration of the market between two issuers present risks of contagion to the financial sector. In 2024, the issuer of the stablecoin Tether became the 7th largest buyer of US Treasury Bills. Stablecoins are on the ECB's radar...

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