The Bank for International Settlements (BIS) has issued a warning that US dollar-backed stablecoins could potentially put pressure on banks and financial policy stability. According to BIS General Manager Pablo Hernández de Cos, there are concerns these digital assets may increase risks in the financial system. He highlighted the need for stronger global cooperation on regulating stablecoins to ensure financial security. Read more: https://t.co/2yEyuhd70R #Stablecoins #Banking #FinanceNews #Regulation #CryptoPolicy
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