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Global financial watchdog calls for cross-border information sharing, planning for stablecoin crisis

Coins jointly issued by multiple companies can trap reserves in one jurisdiction while redemption demands hit another, complicating cross-border crisis response.

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Global financial watchdog calls for cross-border information sharing, planning for stablecoin crisis
Image: CoinDesk

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Coins jointly issued by multiple companies can trap reserves in one jurisdiction while redemption demands hit another, complicating cross-border crisis response.

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