Bank for International Settlements warns: Rapid expansion of stablecoins may threaten monetary sovereignty
Odaily News The Bank for International Settlements (BIS) issued a notice warning that the rapid expansion of stablecoins is bringing new policy challenges to financial regulators. The report pointed out that since 2023, the total value of the stablecoin market has doubled to about US$255 billion, and more than 90% is concentrated in two dollar-pegged tokens. BIS believes that the growth of stablecoins in circulation and integration with traditional finance may threaten the monetary sovereignty of major markets and require stricter regulatory review. (Bloomberg)
You may also like

The payment moment of AI agents: Who will become the Stripe of the machine economy?

Rented Tracks: What is this wave of stablecoin FX hot money really paying for?

Strategy should have said that selling coins is not ruled out

How MegaETH Achieved a TVL of 700m Within a Week of TGE? Analyzing the Packaging Strategy

Futures Trading Hours: Trade Cryptocurrency 24/7 and Earn Back Up to 45% in Trading Fees
Learn futures trading hours and the best time to trade crypto futures. Discover 24/7 market insights, peak trading sessions, and how to earn back up to 45% in fees.

Why is a16z Crypto raising another $2.2 billion to heavily invest in Web3?

Polymarket Underlying Algorithm Explained

What do projects born in the crypto bear market do?

a16z founder's Stanford lecture: Whenever Wall Street and Silicon Valley have different ideas, it's Wall Street that ends up being wrong

Michael Saylor: After three consecutive quarters of losses, Strategy will sell Bitcoin to pay dividends

The toll station at Hormuz and the RMB that cannot be bought

Interview with Coinbase Institutional's Strategic Head: The Institutionalization of Crypto Reaches a Critical Point

Dialogue with Agora CEO Nick: The battle for stablecoin licenses has just begun

Morning Report | a16z Crypto completes $2.2 billion fundraising for its fifth fund; Bullish invests $4.2 billion to acquire share transfer agency Equiniti; PayPal's Q1 performance exceeds expectations

a16z Crypto: What We See Behind the $2.2 Billion New Fund

Web3 is dead, Web2+3 should rise

Stablecoins and Latin American Remittances: The Misunderstood $174 Billion Market

The arrival of the Web 3.0 era: A review of Hong Kong court rulings on digital assets
The payment moment of AI agents: Who will become the Stripe of the machine economy?
Rented Tracks: What is this wave of stablecoin FX hot money really paying for?
Strategy should have said that selling coins is not ruled out
How MegaETH Achieved a TVL of 700m Within a Week of TGE? Analyzing the Packaging Strategy
Futures Trading Hours: Trade Cryptocurrency 24/7 and Earn Back Up to 45% in Trading Fees
Learn futures trading hours and the best time to trade crypto futures. Discover 24/7 market insights, peak trading sessions, and how to earn back up to 45% in fees.

