Bank for International Settlements: Rapid Growth of Stablecoins Will Bring Regulatory Risks

On July 12, Bloomberg reported that the Bank for International Settlements (BIS) issued a statement warning that the rapid expansion of stablecoins is creating new policy challenges for financial regulators. The report notes that the total value of the stablecoin market has doubled since 2023 to approximately $255.0 billion, with over 90% concentrated in two dollar-pegged tokens. The BIS believes that the growth of stablecoins in circulation and integration with traditional finance may threaten the monetary sovereignty of major markets, requiring stricter regulatory scrutiny. [Deep Tide TechFlow]