IMF Warns Stablecoins Pose Risks to Financial Integrity Without Proper Regulation

Stablecoins have experienced significant growth and received increasing attention in recent years, acting as a bridge between volatile unbacked crypto assets and fiat currencies. Through tokenization, these digital assets are used to increase efficiency in payments, particularly cross-border transactions, including reducing the costs and enhancing the speed of remittances. However, amidst its wide use cases, […] The post IMF Warns Stablecoins Pose Risks to Financial Integrity Without Proper Regulation appeared first on Tekedia.

IMF Warns Stablecoins Pose Risks to Financial Integrity Without Proper Regulation

Stablecoins have experienced significant growth and received increasing attention in recent years, acting as a bridge between volatile unbacked crypto assets and fiat currencies. Through tokenization, these digital assets are used to increase efficiency in payments, particularly cross-border transactions, including reducing the costs and enhancing the speed of remittances. However, amidst its wide use cases, […]

The post IMF Warns Stablecoins Pose Risks to Financial Integrity Without Proper Regulation appeared first on Tekedia.

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