🔒 EU Sounds the Alarm: Stablecoins Could Trigger Financial Shock

[theSignalyst]

Europe’s top financial watchdog, the ESRB, is calling for urgent stablecoin safeguards, warning that poorly backed tokens could cause liquidity crises if redemptions spike.

They’re pushing for tighter cross-border rules, transparency, and reserve audits — especially for stablecoins issued outside the EU.
With MiCA around the corner, this warning shows Europe isn’t playing around — stability first, innovation second ️

[JanEmil]

EU is left behind.

[alex10]

They’ve been warning about this for years — but regulation still lags.

[kelson10]

Valid concern, though stablecoins have held surprisingly strong so far.