JUST IN ⚡
The Financial Stability Board warns the $300 billion stablecoin market is unready for a global crisis.
Fragmented cross‑border rules could block redemptions. Reserve access may be restricted during panic. 99 % of stablecoins are dollar‑pegged, risking spillover into banks. Regulators urge coordinated oversight to limit systemic risk ⚠️
Stakeholders should brace for tighter supervision 🔍
$GTC, $RSR, $GTC
The Financial Stability Board warns the $300 billion stablecoin market is unready for a global crisis.
Fragmented cross‑border rules could block redemptions. Reserve access may be restricted during panic. 99 % of stablecoins are dollar‑pegged, risking spillover into banks. Regulators urge coordinated oversight to limit systemic risk ⚠️
Stakeholders should brace for tighter supervision 🔍
$GTC, $RSR, $GTC