According to Deep Tide TechFlow, the Bank for International Settlements (BIS) warns that the rapid expansion of stablecoins presents challenges for financial regulation. Since 2023, the total market value of stablecoins has doubled to approximately $255 billion, with over 90% concentrated in two dollar-pegged tokens. The BIS believes that the growth of stablecoins in circulation and their integration with traditional finance might threaten the monetary sovereignty of major markets, necessitating stricter regulatory scrutiny.