Stablecoin adoption in Denmark is currently very low and poses no immediate threat to domestic financial stability. However, according to the central bank, the rapid global growth in U.S. dollar-pegged stablecoins could expose Denmark to indirect financial market volatility and liquidity risks. Limited Local Adoption, Potential External Risks Danmarks Nationalbank, Denmark’s central bank, has issued […]
Source: https://news.bitcoin.com/stablecoins/denmarks-central-bank-flags-risks-from-us-dollar-stablecoins/