Coinnounce
2020-09-23 13:01:08

The central bank of Europe is concerned over possible run on stablecoins.

The European Central Bank ((ECB) has warned the global community about the risks of so-called “stablecoin runs.” Analogous to the term “bank runs” in the traditional financial system, stablecoin runs could occur if end users lose confidence in the issuer or its network, the ECB revealed in a recent report. In traditional finance, a bank run […]

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