Central banks warn DeFi and $9bn tokenised money-market funds jeopardise global finance
Yahoo Finance·2025-11-27 03:39

Tokenised money-market funds have ballooned to a $9 billion crypto market sector, but what looks like quiet progress has got the Bank for International Settlements sounding early risk warnings. Analysts at the Basel-based global forum of central banks and the Collegio Carlo Alberto, a research institute, said that, despite their digital packaging, these crypto funds remain exposed to traditional money-market tensions, according to a report published on Wednesday. Tokenised money-market funds are just lik ...