15:57 - 12.12.2025

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December 12, Fineko/abc.az. The Central Bank of Mexico (Banxico) believes that stablecoins can threaten the financial system due to the high concentration in the hands of Tether and Circle and the dependence of their reserves on short-term U.S. Treasury bonds.

ABC.AZ informs that different international regulatory approaches increase the risk of token collapse, which can lead to large user losses. Despite the advantages of stablecoins in terms of settlement speed and low fees, the regulator recommends that traditional financial institutions keep a cautious distance from them.