Aug 22, 2024

Stablecoin market reaches $165B, approaching pre-Terra/Luna highs.

Increased trading, DeFi integration, and safe-haven status boost stablecoin demand and liquidity. 

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Unregulated stablecoins pose systemic risks, including market disruptions.Strong regulation is crucial. 

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FSB and BCBS focus on governance, risk, and transparency for stablecoin issuers.

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Stablecoins, projected to reach $2.8 trillion by 2028, underscore the need for balanced regulation and financial stability.

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