A run on stablecoins could force ECB to rethink interest rates, warns top policymaker

The new governor of the Dutch central bank has issued a warning regarding the potential impact of stablecoins on the European Central Bank's (ECB) interest rate policies. He noted that digital tokens linked to US assets could become 'systemically relevant,' indicating a significant shift in the financial landscape. This statement highlights the growing importance of stablecoins in global markets and their potential influence on monetary policy decisions.