EconomyGlobal watchdog warns $300 billion stablecoin market could face runs despite full reserves
The Financial Stability Board warned that stablecoins could face redemption crises if reserve assets cannot be moved across borders during market stress. It said affiliated issuers operating in different countries may struggle to meet concentrated withdrawals, potentially weakening dollar pegs and spilling into traditional finance. Circle’s policy includes contingency measures for reserve rebalancing stress, but the article says these are not evidence of an existing liquidity failure.
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CryptoSlate★★★☆☆2026-10-12 22:10Original
Global watchdog warns $300 billion stablecoin market could face runs despite full reserves
Economy