According to Decrypt, a new investigation by the Bank for International Settlements (BIS) shows that cryptoassets, including stablecoins, could pose a threat to financial stability if they are widely used for payments. In order to strengthen and coordinate regulatory approaches to curb risks to the financial system, CPMI, IOSCO, FSB and BCBS publish updated or new guidance and standards for stablecoin or cryptocurrency activities and the broader market.