{"ok":true,"trend":{"id":513140,"platform":"news","region":"global","key":"stablecoins could harm monetary policy transmission, snb says","title":"Stablecoins Could Harm Monetary Policy Transmission, SNB Says","url":"https://news.google.com/rss/articles/CBMisAFBVV95cUxOT2t2VUVqSVZMbTNaX1ZsV2w0ZU9QQ040RXNMTkU4U29iamQ4NHVQdXNuQ3VfUXVZXzNBek9wMDZOelZPMGRqTkNXd2JlQ2F4aXI3MFJCcmtHMmtjSWNHazFxYzE3cExydXR0bnEyd1ZVWnVrbUtpWFliV2dIS2t0eTJQRVFONzFRalNlRGQ4MDJwSGRrSWQ0NzFCcU1mR2JDbG80VFBSaTNCeVpGUzJoWA?oc=5","first_seen":"2026-09-30T18:17:52.942673Z","last_seen":"2026-10-01T05:14:32.248239Z","last_rank":34,"peak_rank":4,"last_volume":null,"peak_volume":0,"seen_count":9,"score":31.43,"category_hint":"banking","section":"business","category":"banking","summary":"The Swiss National Bank has cautioned that the growing use of stablecoins could interfere with how monetary policy is transmitted to the economy. If widely adopted, stablecoins might reduce the effectiveness of central bank interest rate decisions by moving transactions outside traditional banking channels. The warning adds a central bank voice to ongoing global debates over regulating dollar-pegged digital tokens.","why":"Stablecoin adoption is accelerating and regulators are increasingly flagging risks to financial and monetary systems.","tone":"negative","entities":["Swiss National Bank","stablecoins"],"summarized_at":"2026-10-01T06:23:36.843111Z","meta":{"via":"scan","lang":"en","term":"central bank","source":"Bloomberg.com","published":"Wed, 30 Sep 2026 16:59:07 GMT"},"nw":null,"promo":null,"kind":null,"importance":null,"hidden":false,"hide_reason":null,"judged_at":null,"title_en":"SNB Warns Stablecoins Could Weaken Monetary Policy Transmission","section_name":"Business","category_name":"Banking","timeline":[{"captured_at":"2026-09-30T18:17:52.942673Z","rank":4,"volume":null},{"captured_at":"2026-09-30T19:39:53.918852Z","rank":16,"volume":null},{"captured_at":"2026-09-30T21:02:11.825429Z","rank":17,"volume":null},{"captured_at":"2026-09-30T22:24:11.413301Z","rank":17,"volume":null},{"captured_at":"2026-09-30T23:46:13.028989Z","rank":17,"volume":null},{"captured_at":"2026-10-01T01:08:15.651994Z","rank":25,"volume":null},{"captured_at":"2026-10-01T02:30:13.076224Z","rank":31,"volume":null},{"captured_at":"2026-10-01T03:52:14.456187Z","rank":30,"volume":null},{"captured_at":"2026-10-01T05:14:32.248239Z","rank":34,"volume":null}],"posts":[{"platform":"news","url":"https://news.google.com/rss/articles/CBMisAFBVV95cUxOT2t2VUVqSVZMbTNaX1ZsV2w0ZU9QQ040RXNMTkU4U29iamQ4NHVQdXNuQ3VfUXVZXzNBek9wMDZOelZPMGRqTkNXd2JlQ2F4aXI3MFJCcmtHMmtjSWNHazFxYzE3cExydXR0bnEyd1ZVWnVrbUtpWFliV2dIS2t0eTJQRVFONzFRalNlRGQ4MDJwSGRrSWQ0NzFCcU1mR2JDbG80VFBSaTNCeVpGUzJoWA?oc=5","author":"Bloomberg.com","title":"Stablecoins Could Harm Monetary Policy Transmission, SNB Says","snippet":null,"posted_at":"2026-09-30T16:59:07Z","likes":null}],"elsewhere":[],"window":"7d"}}