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Sky begins onboarding risk framework for stablecoins, Vance Spencer notes
Vance Spencer commented on the early stages of the Sky risk framework being introduced for new assets. The framework is designed to eventually house all stablecoins in a unified system.
Spencer described the initiative as a creative process, hinting at the artistic aspect involved in its development.
Spencer has previously pointed to the broad discretion sponsors maintain when marking portfolio NAVs, a practice common in venture funds he has discussed. He has also commented on how liquidity loss in private credit funds can fuel redemption cycles during periods of financial stress. His recent remarks on the Sky risk framework come as protocols seek stronger risk controls for digital assets.
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