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Growth of stablecoins could pose financial stability risks, BIS says

( June 24, 2025, 16:39 GMT | Official Statement) -- MLex Summary: If stablecoins continue to grow they could pose financial stability risks, including the tail risk of fire sales of safe assets, the Bank for International Settlements has said. In a preview of its annual economic report due on June 29, it said stablecoins "perform poorly" when assessed against the three requirements for serving money. Central bank leadership is essential to unlocking the full potential of tokenized systems safely, efficiently and inclusively, it said.  Report is attached....

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