FSOC warns stablecoins pose stability risks, calls for legislative action to enhance oversight

The Financial Stability Oversight Council (FSOC) raised concerns that stablecoins pose a mounting risk to financial stability due to inadequate oversight and significant market concentration, according to its 2024 annual report.

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FSOC warns stablecoins pose stability risks, calls for legislative action to enhance oversight

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FSOC warns stablecoins pose stability risks, calls for legislative action to enhance oversight

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