EconomyGlobal financial watchdog urges cross-border information sharing to prepare for stablecoin crisis
A global financial watchdog is calling for stronger cross-border information sharing to prepare for a stablecoin crisis. Coins jointly issued by several companies could leave reserves in one jurisdiction while redemption demands arise in another, making crisis response across borders more difficult.
Global financial watchdog urges cross-border information sharing to prepare for stablecoin crisis
Economy