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BIS Warns Stablecoins Could Threaten Global Financial Stability

BIS Warns Stablecoins Could Threaten Global Financial Stability

The Bank for International Settlements (BIS) warned on April 20, 2026, that stablecoins, especially dollar-backed tokens, pose risks to global financial stability. The BIS highlighted concerns over liquidity stress and contagion risks, urging the implementation of global regulations to prevent market fragmentation. It also noted that stablecoins behave more like ETFs than actual money, raising regulatory and systemic concerns.

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