The perspective on stablecoins that I am personally paying attention to, as mentioned by the chair of the FSB, is as follows.
"It is beginning to rely on short-term money market assets as collateral, which could lead to a massive sell-off when the market collapses, resulting in significant impacts on the financial system."
The details are as follows.
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The perspective on stablecoins that I am personally paying attention to, as mentioned by the chair of the FSB, is as follows.
"It is beginning to rely on short-term money market assets as collateral, which could lead to a massive sell-off when the market collapses, resulting in significant impacts on the financial system."
The details are as follows.