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Financial Stability Committee: Need to closely monitor risk management related to stablecoins

2022-10-11 16:25:37
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ChainCatcher news, the Financial Stability Board (FSB), which coordinates international financial regulation and formulates and implements global financial standards, stated in the released "G20 Roadmap for Enhancing Cross-Border Payments" that the international regulatory community is closely monitoring developments in the stablecoin sector and is considering the potential impact of stablecoins on the broader financial markets. As the stablecoin industry evolves, it is essential to pay close attention to risk management related to stablecoins. (Source link)

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