According to Bloomberg, French President Macron stated that the increasingly relaxed regulation of crypto assets and stablecoins in the United States may trigger global financial instability. He warned that stablecoins are closely tied to US dollar assets, and if not properly regulated, risks could spill over into global markets. Macron emphasized that Europe should maintain its monetary sovereignty and should not follow the US's path of regulatory relaxation. He also called on the European Central Bank to adjust its monetary policy to address new financial risks. Recently, the total global stablecoin market size has surged nearly 50%, surpassing $300 billion, and European Central Bank officials have warned that it may pose systemic risks.

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