FSB issues a regulatory warning against the global stable coin
Mainly describe some risks brought by the GCS: such as affecting financial stability and intensifying bank runs, which will bring great challenges to the central bank. In addition, when the macro-economy is turbulent, the GCS will also have an impact on capital flows, exchange rates and regulatory methods. Finally, point out that G20 attaches great importance to the development of GCS and puts forward relevant suggestions to FSB.