Today the European markets begin December with caution: the European Central Bank (ECB) keeps its interest rates unchanged while inflation in the eurozone continues to hover around the target of 2%.
At the same time, the ECB and financial supervisors reaffirm their concern about the growth of the #stablecoins : the liquidity channeled by stablecoins could displace traditional bank deposits, affecting the stability of the financial system.
This macroeconomic and regulatory context creates a scenario of double tension: stable rates reduce incentives for traditional assets, while regulatory tightening towards stablecoins generates uncertainty in #crypto . For crypto investors, it is advisable to closely monitor ECB decisions and information on stablecoin regulation, as they could provoke sharp movements in crypto capital.