Are Stablecoins Safe? ESM, FSB, and IMF Issue Major Warnings

Major global institutions are warning about the stablecoin industry, as the supply hits $306 billion and as countries rush to issue new rules, including the recently launched GENIUS Act in the United States. Top Institutions Warn About Safety of Stablecoins In a statement, Pierre Gramegna, the head of the European Stability Mechanism, warned that the … Continue reading Are Stablecoins Safe? ESM, FSB, and IMF Issue Major Warnings