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Coinpedia 2024-12-07 09:46:54

FSOC Flags Stablecoins as Threat to Financial Stability Amid $190 Billion Surge

The post FSOC Flags Stablecoins as Threat to Financial Stability Amid $190 Billion Surge appeared first on Coinpedia Fintech News The global stablecoin market has soared to a new high of $190 billion in November, breaking the previous record of $188 billion from April 2022. This marks an impressive 9.94% growth from October, the biggest monthly jump since November 2021. While stablecoins are rising, The U.S. Financial Services Oversight Council (FSOC) has issued its 2024 …

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