Search
On the 18th, US President Trump signed the Stablecoin Regulatory Bill, marking a pivotal moment as the United States imposes federal-level legislation on stablecoins for the first time. While stablecoins offer convenience, they also introduce latent risks. The Financial Times in the UK cautions that the anonymous and cross-border nature of stablecoin transactions complicates regulatory efforts to trace capital flows and quantify fund sizes, thereby creating fertile ground for illicit activities such as money laundering. In regions with underdeveloped financial systems, the proliferation of stablecoins could significantly impact the local financial landscape. Furthermore, any issues with stablecoins could spark a crisis of market trust, precipitating the risk of a bank run. These risks hold the potential to profoundly reshape the financial ecosystem.
-
C114 Communication Network -
Communication Home
