The Bank for International Settlements (BIS) and the United Kingdom Central Bank (BoE) have been able to demonstrate that asset-referenced stablecoins' balance sheets are monitorable
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Aug 1
according to a new project report released Wednesday. The organizations said Wednesday that the Pyxtrial project has developed a prototype data analytics pipeline that could provide regulators with near real-time data on stablecoin liabilities and the assets they back. "This technology is the first step toward a tool to support regulators in proactively identifying issues with stablecoin support and helping to develop a policy framework based on comprehensive data," the report said. ” "If the...
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