The world’s central banks are now treating stablecoins like a real multi-trillion dollar monetary threat
CryptoSlate
Central banks increasingly view stablecoins as a systemic risk to banking deposits, monetary policy transmission, and sovereign financial control.Summary
Central banks, led by the Bank for International Settlements, are shifting their view of stablecoins from minor regulatory concerns to significant systemic threats. As these private digital assets grow, they risk draining bank deposits, undermining monetary policy transmission, and accelerating the dollarization of developing economies. Policymakers are now debating how to regulate or compete with these assets to maintain control over financial infrastructure and sovereign currency dominance.
(Source：CryptoSlate)