Log in/ Sign up

About PKT

Playkey (PKT) is a cryptocurrency launched in 2017. PKT has a current supply of 19.89M with 0 in circulation. The last known price of PKT is 0 USD and is 0 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at https://playkey.io/.

Official Website

Social Media

PKT Price Statistics
PKT’s Price Today
24h Price Change
-$00.00%
24h Volume
$00.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#10123
PKT Market Cap
Market Cap
$0
Fully Diluted Market Cap
$70,094.61
PKT Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
PKT Supply
Circulating Supply
0
Total Supply
19.89M
Max Supply
0
Updated Dec 09, 2024 9:06 pm
image
PKT
Playkey
$0
$0(-0.00%)
Mkt Cap $0
There's nothing here for now
ECB Warns of Stablecoin Impact on Bank Deposits and Monetary Policy
ECB Warns of Stablecoin Impact on Bank Deposits and Monetary Policy
The European Central Bank (ECB) has raised concerns about the increasing use of stablecoins and its potential impact on traditional banking systems. According to Cointelegraph, a new ECB working paper released Tuesday highlights that the growing adoption of stablecoins, which are digital assets often pegged to currencies like the US dollar or euro, could draw funds away from traditional bank deposits. This shift may weaken the transmission of monetary policy through lending channels. The ECB's analysis indicates a measurable decline in retail bank deposits and a reduction in lending to firms as interest in stablecoins rises. The report suggests that stablecoins could reduce the amount of credit banks provide to the real economy. The effects of stablecoin adoption are described as nonlinear, varying based on the scale of adoption, design features, and regulatory frameworks. This report is part of the ECB's ongoing efforts to monitor stablecoins, whose market capitalization has surged over the past three years to $312 billion and is projected to reach $2 trillion by 2028. In examining the impact on banks, the ECB identified a deposit-substitution effect, where households and firms shift funds from retail bank deposits to digital assets. The study notes that banks heavily rely on deposits as a stable and low-cost funding source to support lending to households and businesses. A decline in deposits could force banks to depend more on wholesale or market-based funding, which is typically more expensive and less stable. The report also highlights that stablecoins can alter how policy interest rates affect bank funding costs and lending, with impacts varying by adoption scale, design, and regulation. The ECB warns that stablecoin adoption could interfere with multiple monetary policy transmission channels, potentially weakening the predictability of policy actions. Additionally, the central bank cautions that foreign-currency stablecoins could further weaken the connection between domestic monetary policy and bank lending, with risks amplified when the market is dominated by non-euro-denominated tokens. The study reiterates that US dollar-backed stablecoins constitute the vast majority of the stablecoin market. Data from CoinGecko shows these dollar-pegged tokens are valued at $301 billion, representing 97% of the total stablecoin market capitalization at the time of publication.
Mar 03, 2026 7:43 pm

Frequently Asked Questions

  • What is the all-time high price of Playkey (PKT)?

    The all-time high of PKT was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Playkey (PKT) is 0. The current price of PKT is down 0% from its all-time high.

    Read More
  • How much Playkey (PKT) is there in circulation?

    As of , there is currently 0 PKT in circulation. PKT has a maximum supply of 0.

    Read More
  • What is the market cap of Playkey (PKT)?

    The current market cap of PKT is 0. It is calculated by multiplying the current supply of PKT by its real-time market price of 0.

    Read More
  • What is the all-time low price of Playkey (PKT)?

    The all-time low of PKT was 0 , from which the coin is now up 0%. The all-time low price of Playkey (PKT) is 0. The current price of PKT is up 0% from its all-time low.

    Read More
  • Is Playkey (PKT) a good investment?

    Playkey (PKT) has a market capitalization of $0 and is ranked #10123 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Playkey (PKT) price trends and patterns to find the best time to purchase PKT.

    Read More