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ETH News: Bank of Italy economist flags stablecoin risks if ether price collapse weakens Ethereum - CoinDesk

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ETH News: Bank of Italy economist flags stablecoin risks if ether price collapse weakens Ethereum - CoinDesk

A Bank of Italy economist has raised concerns about the potential risks associated with stablecoins if a significant decline in ether prices adversely affects the Ethereum network. The economist warned that a collapse in the price of ether could weaken the overall stability of stablecoins, which are often pegged to cryptocurrencies like ether.

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Source: Google News Crypto · Report an issue