News in Systemic Risk: Monday, July 19, 2021 (10 a.m. ET) July 19, 2021 Taming Wildcat Stablecoins (Gary B. Gorton, Jeffery Zhang; SSRN) Credit risk: Acting now paves the way for sound resilience later (Elizabeth McCaul; ECB Banking Supervision) Monetary policy through COVID-19: Pushing on a string – the case of Latin America and the Caribbean (João Ayres, Pablo Andrés Neumeyer, Andrew Powell; VoxEU) South Africa’s new crypto framework: ‘neither hostile nor friendly’ (Rachael King; Central Banking)