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Danmarks Nationalbank has warned that wider stablecoin adoption could eventually affect payments, financial stability, and monetary policy in Denmark. While domestic use remains limited, easier access through banks, fintechs, and payment platforms could increase adoption. The central bank also highlighted risks from dollar-backed stablecoins and potential spillovers from US and global financial markets.

from Gadgets 360 https://ift.tt/KZWCxoc Danmarks Nationalbank has warned that wider stablecoin adoption could eventually affect payments, financial stability, and monetary policy in Denmark. While domestic use remains limited, easier access through banks, fintechs, and payment platforms could increase adoption. The central bank also highlighted risks from dollar-backed stablecoins and potential spillovers from US and global financial markets.