FSB Says Cross-Border Stablecoin Rules Remain Underdeveloped
Photo: TokenPost
The Financial Stability Board warned Monday that cross-border stablecoin oversight and crisis-management frameworks remain underdeveloped, raising concerns about how a stablecoin run could spread through traditional markets. Only 11 of the 28 jurisdictions covered by the FSB’s 2025 review had completed stablecoin regulatory frameworks. The board said gaps remain in both oversight and arrangements for managing crises involving stablecoins that operate across borders. A severe redemption wave could force sales of reserve assets and prompt withdrawals from banks, transmitting stress to broader financial markets.
Source: TokenPost
