Basel Committee proposes measures for stablecoin reserve asset stability

Basel Committee proposes measures for stablecoin reserve asset stability

Market Analysis
December 15, 2023 by secret
99
[ad_1] Basel Committee proposes maturity limits for stablecoin reserve assets. Overcollateralization required for longer-term assets to ensure stability. Credit quality criteria defined for reserve assets to bolster stablecoin stability. In a move to enhance the stability of stablecoins, the Basel Committee on Banking Supervision, part of the Bank for International Settlements (BIS), has recommended targeted