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Circle Shares Fall in Premarket Activity After BIS Issues Warning on Stablecoins
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According to Reuters, US dollar-pegged stablecoins account for 99% of the market.</p><p>The BIS expressed concerns that stablecoins could undermine monetary sovereignty, lack transparency, and trigger capital flight from emerging economies.</p><p>"Stablecoins offer some promise on tokenization but fall short of requirements to be the mainstay of the monetary system when set against the three key tests of singleness, elasticity and integrity," the BIS said Tuesday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4023":"应用软件","CRCL":"Circle Internet Corp."},"source_url":"https://www.mtnewswires.com/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2545282178","content_text":"Circle Internet (CRCL) shares retreated 7% in pre-bell trading Tuesday after the Bank for International Settlements warned about the risks posed by stablecoins and urged countries to accelerate efforts to tokenize their own currencies.Stablecoin is a type of cryptocurrency designed to maintain a constant value, backed by real-world assets such as fiat currencies, government bonds, or gold. According to Reuters, US dollar-pegged stablecoins account for 99% of the market.The BIS expressed concerns that stablecoins could undermine monetary sovereignty, lack transparency, and trigger capital flight from emerging economies.\"Stablecoins offer some promise on tokenization but fall short of requirements to be the mainstay of the monetary system when set against the three key tests of singleness, elasticity and integrity,\" the BIS said Tuesday.","news_type":1,"symbols_score_info":{"CRCL":0.9}},"isVote":1,"tweetType":1,"viewCount":427,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":449682025554432,"gmtCreate":1750811984770,"gmtModify":1750815584473,"author":{"id":"4096027101750530","authorId":"4096027101750530","name":"Boathouse","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":13,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4096027101750530","idStr":"4096027101750530"},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/449682025554432","repostId":"2545282178","repostType":2,"repost":{"id":"2545282178","kind":"highlight","weMediaInfo":{"introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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According to Reuters, US dollar-pegged stablecoins account for 99% of the market.</p><p>The BIS expressed concerns that stablecoins could undermine monetary sovereignty, lack transparency, and trigger capital flight from emerging economies.</p><p>"Stablecoins offer some promise on tokenization but fall short of requirements to be the mainstay of the monetary system when set against the three key tests of singleness, elasticity and integrity," the BIS said Tuesday.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Circle Shares Fall in Premarket Activity After BIS Issues Warning on Stablecoins</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCircle Shares Fall in Premarket Activity After BIS Issues Warning on Stablecoins\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-06-24 20:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Circle Internet (CRCL) shares retreated 7% in pre-bell trading Tuesday after the Bank for International Settlements warned about the risks posed by stablecoins and urged countries to accelerate efforts to tokenize their own currencies.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7287d8139b9234b2e451dd6879967662\" title=\"\" tg-width=\"822\" tg-height=\"838\"/></p><p>Stablecoin is a type of cryptocurrency designed to maintain a constant value, backed by real-world assets such as fiat currencies, government bonds, or gold. According to Reuters, US dollar-pegged stablecoins account for 99% of the market.</p><p>The BIS expressed concerns that stablecoins could undermine monetary sovereignty, lack transparency, and trigger capital flight from emerging economies.</p><p>"Stablecoins offer some promise on tokenization but fall short of requirements to be the mainstay of the monetary system when set against the three key tests of singleness, elasticity and integrity," the BIS said Tuesday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4023":"应用软件","CRCL":"Circle Internet Corp."},"source_url":"https://www.mtnewswires.com/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2545282178","content_text":"Circle Internet (CRCL) shares retreated 7% in pre-bell trading Tuesday after the Bank for International Settlements warned about the risks posed by stablecoins and urged countries to accelerate efforts to tokenize their own currencies.Stablecoin is a type of cryptocurrency designed to maintain a constant value, backed by real-world assets such as fiat currencies, government bonds, or gold. According to Reuters, US dollar-pegged stablecoins account for 99% of the market.The BIS expressed concerns that stablecoins could undermine monetary sovereignty, lack transparency, and trigger capital flight from emerging economies.\"Stablecoins offer some promise on tokenization but fall short of requirements to be the mainstay of the monetary system when set against the three key tests of singleness, elasticity and integrity,\" the BIS said Tuesday.","news_type":1,"symbols_score_info":{"CRCL":0.9}},"isVote":1,"tweetType":1,"viewCount":427,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
