The Financial Stability Board warned that stablecoins could face redemption crises even when total reserves are sufficient if those assets are held across different countries, with delays in cross-border reserve transfers potentially triggering forced asset sales and destabilizing dollar pegs. FSB Chair Andrew Bailey highlighted that international regulatory coordination remains underdeveloped, leaving authorities without mature arrangements for managing cross-border stablecoin failures. The market is valued at approximately $300 billion in mid-2026, with 99% of its value pegged to the US dollar. Regulators will discuss these risks at the G20 meeting on October 15.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
