BIS warned stablecoins do not meet four key standards for reliable money, cites $316–320 billion market size

🚨 The BIS warned that stablecoins, including $USDT and USDC, fail to meet four key standards for reliable money.
📉 The stablecoin market reached $316–320 billion, with over 99% tied to the US dollar.
⚠️ BIS highlighted potential risks like payment delays, weakened local banks, and stablecoin dollarization in emerging economies.

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