BREAKING: The ECB is Scared of stablecoins
They Just Admitted Stablecoins could drain bank deposits and weaken their own monetary policy.
The Numbers Are Wild:
➔ 10% stablecoin growth = 1.5% bank deposit drop in one year.
➔ Dollar stablecoins control 97% of the $312B market.
➔ $7 TRILLION in monthly volume. More than most payment networks.
➔ 80% of all crypto trades run on stablecoins.
Meanwhile JPMorgan, Amazon, Meta and PayPal are all building their own stablecoins.
The same people who called crypto a scam are now racing to join it.
They Just Admitted Stablecoins could drain bank deposits and weaken their own monetary policy.
The Numbers Are Wild:
➔ 10% stablecoin growth = 1.5% bank deposit drop in one year.
➔ Dollar stablecoins control 97% of the $312B market.
➔ $7 TRILLION in monthly volume. More than most payment networks.
➔ 80% of all crypto trades run on stablecoins.
Meanwhile JPMorgan, Amazon, Meta and PayPal are all building their own stablecoins.
The same people who called crypto a scam are now racing to join it.