#Binance
🚨NEWS ALERT🚨
ATTENTION: Crypto: a ticking time bomb for global financial stability!?📝📊📈😎🤔
The Bank of Italy points to systemic risks related to the volatility of #criptomoedas , regulatory gaps and the potential for market contagion. The rise of cryptocurrencies, especially bitcoin, and #Stablecoins has contributed to an explosion in the capitalization of the global digital asset market, which reached 2.75 trillion dollars at the end of March 2025. However, the bank warns of the dangers of further integration of cryptocurrencies into traditional financial systems.
One of the major concerns in this report is the growing influence of stablecoins, especially those backed by the US dollar, such as #USDT (Tether) and #USDC (Circle). These currencies could, according to the Bank of Italy, compromise the monetary sovereignty of the European Union and harm the stability of the eurozone's payment systems🤔