BWC’s Digital Finance Project Team has published their newest report, Unlocking Stablecoins: Exploring Opportunities and Risks, authored by Corey Then, Caroline Hill, and David Anderson.  

Recent actions by the U.S. government reflect an increasing recognition of stablecoins’ potential to transform global finance. This report underscores the importance of establishing clear and concise regulatory frameworks to fully capitalize on this potential. It identifies key risks and outlines three steps for mitigating them, which should be incorporated into any regulatory framework.  

With most stablecoins denominated in U.S. dollars, strong U.S. leadership in the regulation of stablecoins could boost market efficiency and financial stability.  

Read the report here.