Stablecoins, with their rapid growth, may prompt a reevaluation of banking capital standards for crypto assets by global policymakers, according to the chair of the Basel Committee on Banking Supervision. Erik Thedéen, governor of Sweden’s central bank, highlighted this during a conference on Wednesday. While stablecoins were not the primary focus when new capital rules for crypto assets were introduced in 2022, they are now considered more significant, given their impact on the industry. These regulations, which assign standardized risk weights to banks holding crypto assets, are scheduled to take effect in 2026. Thedéen underscored the need for further dialogue and assessment of these standards.