Stablecoins Could Trigger Bank Runs in Crises, IMF Warns
The IMF's warning is not about solvency but velocity: in a panic, dollar stablecoins let holders race for the exit faster than any bank can process withdrawals, and reserves may not keep pace.
Every Zipp story tagged #FinancialStability, newest first.
The IMF's warning is not about solvency but velocity: in a panic, dollar stablecoins let holders race for the exit faster than any bank can process withdrawals, and reserves may not keep pace.
The Federal Reserve has reported a modest but notable increase in loan delinquencies through 2025, while simultaneously…
American banks are collectively carrying roughly $306 billion in unrealized losses on their balance sheets, a figure…
Deputy Governor Sarah Breeden's re-examination comes as Governor Andrew Bailey flagged a coming 'wrestle' with Washington over divergent stablecoin standards.
AFL-CIO, SEIU, and teachers' unions warn the bill would let crypto volatility flow into retirement accounts and public pensions — and the floor vote is Thursday.
The ABA is flooding senators with calls before Thursday's Banking Committee markup, warning yield-bearing stablecoins could swell from ~$300B today to as much as $2T and drain the deposits banks lend…
The Bank of England governor is chair of the Financial Stability Board — so a transatlantic clash on stablecoin standards would land inside the body that writes the rulebook most of the world copies.