Flags of Italy risks in the $ 2.75T encryption rally linked to the Stablecoin boom that dates back to the Trump era
The central bank in Italy raised concerns about possible financial instability, as the maximum global global currency market increased $ 2.75 trillion in March 2025, led by Bitcoin’s hegemony and the new political momentum from President Donald Trump.
The warning comes amid a sharp revival of digital asset assets after Trump returns to the office and supported his perceived management of the encryption industry.
Bitcoin alone is now more than 60 % of the entire market, as prices are close to their highest levels ever.
The renewed assembly was accompanied by an increase in the adoption of Stablecoin, especially USDT and USDC, which are widely used as commercial couples in the exchange of encryption.
Italian organizers fear that Stablecoin’s growth can abide by the global financial system, especially in times of stress in the market.
Trump feeds the return of encryption with politics and media movements
The current running in the encryption markets is closely related to political developments in the United States.
Since the office was re -entered in January 2025, President Trump has strengthened a more absorbing position on digital assets.
The Trump Media & Technology Group, a company affiliated to the president, has announced the next launch of the distinctive symbol and integrated digital portfolio to support the truth broadcasting platform+.
This announcement came after months of speculation about the distinguished symbol associated with Trump, coincided with the broader gathering of digital assets.
Analysts suggest that the perception of friendly management of encryption helps to attract institutional capital and retail trade to the market.
Meanwhile, Trump’s appointment to pro -Carbouto organizers and the dissolution of the Ministry of Justice’s work on coding raised questions about the level of supervision in the largest economy in the world.
These developments feed optimism between investors, with criticism from the International Control Agency and financial organizers worldwide.
Italy and the European Union are afraid of indirect effects
The central bank in Italy It has highlighted the increasing risks of Stablecoins with a dollar for international financial stability.
These digital symbols are largely supported by us.
Securities warn, and officials warn that any mass recovery or sudden liquidity crisis can create traces of ripples across sovereign bond markets.
A recent statement from the Italian authorities indicated that Stablecoins, although they are useful for liquidity and payments, represent the “infection channel” that can link the encryption markets directly to the traditional financial system.
In particular, fears are increasing that the euro may lose its importance if Stablecoin continues to expand in Europe.
Although the European Union of Markets is inserted into the regulation of encrypted assets (MICA), which aims to harmonize the rules of digital assets across member states, some policy makers feel that the current legal framework lacks the range to address rapid developments in decentralized financing and the distinctive symbol flows across the border.
Christine Lagarde, President of the European Central Bank, previously stressed the need for coordinated global organization, warning that “fragmented supervision” will not be sufficient to contain the regular risks posed by digital currencies and the STADLECOIN exporters.
The American list is faced under Trump’s criticism
The American organizational environment also turns under Trump’s leadership.
The recent decisions of the president, including the removal of some initiatives to enforce encryption and support a more lenient approach to Stablecoins, sparked controversy within the financial community.
A new legislative effort, the genius law, under review in Congress.
The draft law proposes to create a national framework for the issuance and trading of Stablecoin, but it was criticized by some legislators and economists to reduce the ability of federal agencies to respond to emerging risks.
Meanwhile, members of the Trump family expressed their general support for the new Stablecoin project.
This step has increased scrutiny about the conflict of potential interests, as well as concerns about the extent to which policy and digital assets in the United States are linked.
With the encryption markets again, European organizers urge global coordination to prevent another potential crisis.
As digital assets are now included in both political strategies and financial products, the call for strong international supervision grows with a higher voice.
The risks of post -Italy ads in the Checkl Rally of 2.75t in connection with the stablecoin mutation that dates back to the Trump era first appeared on Invezz
