⚡️🇪🇺 NEW - Europe sounds the alarm on…

⚡️🇪🇺 NEW - Europe sounds the alarm on Stablecoins.

The ESRB (led by Christine Lagarde) warns that coins issued both inside & outside the EU could trigger systemic risk.

In a crisis, investors may rush to redeem in the EU, draining reserves & forcing ECB action.

MiCA rules apply locally but not abroad. Expect regulators to close cross-border loopholes.