WE-LaunchBank 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
WEEX 2025 Global Offline Events Hub
From the vibrant streets of Hong Kong to the sunlit shores of Lisbon, 2025 marks a defining year for WEEX on the global stage.
WEEX Steals the Show at BlockchainRIO 2025: First LATAM Appearance Unlocks Brazil’s Crypto Potential
In 2025, WEEX lit up Latin America with its debut at BlockchainRIO as Platinum Sponsor. With bold vision and unstoppable momentum, the rising exchange made waves across the region’s crypto scene.
Ripple Rolls Out Cross-Border Blockchain Payments in the UAE
Imagine sending money across borders as effortlessly as texting a friend—quick, cheap, and crystal clear. That’s the promise…
Ziglu Crypto Collapse: $2.7M Shortfall Threatens Thousands of Savers in 2025
Imagine pouring your hard-earned savings into a promising crypto platform, only to watch it crumble, leaving you locked…
Czech National Bank Bolsters Portfolio with Coinbase Entry and Palantir Expansion in 2025
Imagine a central bank dipping its toes into the buzzing world of cryptocurrency while doubling down on a…
Gainers
Customer Support：@weikecs
Business Cooperation：@weikecs
Quant Trading & MM：[email protected]
VIP Services：[email protected]
App