According to a report from Bloomberg on July 12, deep tide TechFlow announced that the Bank for International Settlements (BIS) has issued a notice warning that the rapid expansion of stablecoins is bringing new policy challenges for financial regulators. The report points out that since 2023, the total market value of stablecoins has doubled to approximately $255 billion, with over 90% concentrated in two types of dollar-pegged tokens. The BIS believes that the rise of stablecoins in circulation and integration with TradFi may threaten the monetary sovereignty of major markets, necessitating stricter regulatory scrutiny.

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