#CPI数据公布，看涨还是看跌？ Gold Finance reported that Circle recently released a white paper titled 'Risk Capital for Stable Value Tokens', proposing a new risk-based capital management model for stablecoins and other digital currencies. The white paper author believes that stablecoins require sufficient capital reserve requirements, which go beyond the current capital standards established under the Basel banking regulatory framework to mitigate the unique risks associated with stablecoins, other legal tender tokens, and their issuers. According to the author, these unique risks include but are not limited to the decline in token prices due to market trading and secondary market prevalence, subsequent 'bank run' of digital tokens due to excessive dumping, operational risks, and technological risks. #币圈观察员