{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"","title":"Are stablecoins a threat to financial stability?","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/621e276f56506fd0a80e6668/1709660069291-cfb98b7a3b63bf1e4a2578309ad39c04.jpeg?height=200","description":"

Stablecoins have seen explosive growth in the last year with the Bank for International Settlements estimating that as of late 2021, there were $120bn of them in circulation.


This has caught the attention of regulators who are pondering whether these instruments will revolutionize finance in a beneficial way for society or could become a major financial systemic threat.


To address those issues is Dante Disparte, chief strategy officer and head of global policy at Circle - an issuer of the USDC dollar stablecoin.

","author_name":"FT Specialist"}