Stablecoin line will have to wait and see! The International Banking Supervisory Board (BCBS) proposes to tighten stablecoin management regulations.
The main goal is to reduce the risk of stablecoins to the global financial system. Focusing on:
Reserves: There must be sufficient reserves to back every stablecoin.
Token Issuance: Set a ceiling for new token issuance.
Redemption: Ensure that stablecoin holders can conveniently redeem them for the underlying asset.
analyze:
This change in rules will definitely affect the stablecoin industry. Some coins may survive. The stronger the coin with the reserve, the greater the advantage.
But for coins that are not strong, adjustment may be required. Or it may disappear from the market altogether.
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