BIS Flags “Material Consequences” From Expanding USD Stablecoins, Urges Global Policy Alignment
Crypto Economy 20 Apr 2026
He specifically mentioned the fees and conditions on primary market redemptions, as well as episodes in which their prices deviate from parity in secondary markets ... In a stress scenario, he warned, mass withdrawals could force sales of those reserves in already strained markets or shift funding pressure onto banks.
KelpDAO Fallout Deepens: Ripple CTO Flags Security Gaps, Justin Sun Calls for Hacker Negotiation
Crypto Economy 20 Apr 2026
TL;DR ... The event triggered a chain reaction, forcing Aave to freeze markets after accumulating bad debt, while prominent industry figures like David Schwartz and Justin Sun intervene publicly. I evaluated a lot of DeFi bridging systems for use by RLUSD. I was almost exclusively focused on the security and risk aspect ... Currently, KelpDAO’s TVL, which was around $1.5 billion, and Aave’s markets are under severe pressure ... ....

