ChainCatcher news, according to CoinDesk, the Bank for International Settlements (BIS) and the Bank of England (BoE) said that stablecoin balance sheets can be regulated.

According to its latest project report released on Wednesday, the Pyxtrial project has developed a prototype data analysis pipeline that can provide regulators with near real-time data on stablecoin liabilities and their supporting assets. The report stated: "This technology is the first step towards supporting regulators to proactively discover stablecoin support issues and help develop policy framework tools."