BIS warned the $316 billion stablecoin market could fragment the global monetary system and weaken monetary sovereignty

🚨 BIS warned that the $316 billion stablecoin market could disrupt the global monetary system. 💸 A surge in dollar-based stablecoin ($USDT) use may undermine countries’ monetary sovereignty. 🌍 BIS called for tokenized central and commercial bank money as a safer alternative. Continue Reading:BIS warned the $316 billion stablecoin market could fragment the global monetary system and weaken monetary sovereignty The post BIS warned the $316 billion stablecoin market could fragment the global monetary system and weaken monetary sovereignty appeared first on COINTURK NEWS.