Dossier
USD stablecoins
Coverage of USD stablecoins in the Nexus archive.
- BIS warns USD stablecoins can evade capital controls, challenging traditional market regulations
BIS warns that USD stablecoins can bypass capital controls, challenging traditional market regulations. The organization notes that foreign exchange restrictions and capital controls are less effective against stablecoins compared to foreign currency bank deposits.
- Euro and USD stablecoins depeg amid ongoing $2.8M StablR exploit
Euro and USD stablecoins have depegged amid a $2.8 million exploit of the StablR protocol. Blockaid suspects the breach originated from a private key compromise in a minting multisig account.