
FSB Warns Global Stablecoin Risks Cross National Borders
- —Report published Oct. 12 as part of financial-stability monitoring, not a new national law
- —FSB flagged a mismatch between 24/7 token trading and redemption limited to market hours
- —In stress, reserve sales to meet redemptions could transmit pressure beyond crypto
- —FSB proposes better monitoring metrics and cross-border information sharing
Why it matters: The report gives regulators grounds to tighten oversight of cross-border stablecoins, potentially complicating issuance and circulation.
Source: Bitcoin Insider