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JUST IN: The International Monetary Fund (IMF) has once again raised concerns about the stablecoin market, emphasizing that its stability ultimately depends on the quality and liquidity of the assets backing its issuance a point that remains central to the global regulatory debate.
The IMF warned that stablecoins are only as sound as the reserves that support them.
The organization highlighted risks to liquidity, transparency, and the potential for contagion within the financial system.