ECSDA responded to the CPMI-IOSCO Consultative report on the Application of the PFMIs to Stablecoin Arrangements

ECSDA responded to the CPMI-IOSCO Consultative report on the Application of the PFMIs to Stablecoin Arrangements

On 1 December, ECSDA has responded to the CPMI-IOSCO Consultative report on the Application of the PFMIs to Stablecoin Arrangements

ECSDA’s response conveys these key messages to stakeholders:

  • Clarifying the liability regime and the rights associated with settlement assets is crucial
  • Risks posed by ‘probabilistic finality’ must be removed – ensuring financial stability
  • Enhancing money settlements

See the full response

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