According to Foresight News, CoinDesk reported that the Bank for International Settlements (BIS) and the Bank of England released their "Pyxtrial Project" report, which aims to monitor the reserves of asset-backed stablecoins and tokenized assets. It can be used for stablecoin balance sheet supervision, and then help countries more effectively deal with the risks posed by stablecoins. The system is not yet fully ready for launch. Countries have also highlighted concerns about the runs on stablecoins in recent years. The Bank for International Settlements also stated that Pyxtrial also has the potential to monitor tokenized products backed by real-world assets (RWA).