US regulators may impose stricter rules for regulating stable digital coins if they identify economic threats from their use.
The US Treasury Department is developing guidelines for stablecoin issuers to guarantee customers the ability to withdraw money from stable digital coins, Bloomberg writes, citing sources.
According to sources, the US authorities could introduce stricter rules for regulating stablecoins if the Financial Stability Oversight Board identifies economic threats posed by them.
The US Treasury is currently studying the process of processing transactions involving stablecoins and how they might be affected by market conditions.