Tokenized money market funds surge to $9B; BIS warns of new risks

Onchain money market funds have grown nearly 10-fold since 2023, but the Bank for International Settlements warns their adoption brings new liquidity and contagion risks.
Source: Tokenized money market funds surge to $9B; BIS warns of new risks (https://cointelegraph.com/news/tokenized-money-market-funds-bis-stablecoin-contagion-risks?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)