šØ BIS warned that the $316 billion stablecoin market could disrupt the global monetary system. šø A surge in dollar-based stablecoin ($USDT) use may undermine countriesā monetary sovereignty. š BIS called for tokenized central and commercial bank money as a safer alternative. Continue Reading: BIS warned the $316 billion stablecoin market could fragment the global monetary system and weaken monetary sovereignty The post BIS warned the $316 billion stablecoin market could fragment the global monetary system and weaken monetary sovereignty appeared first on COINTURK NEWS .