Cointelegraph·Cointelegraph by Nate Kostar·2d ago

BIS warns stablecoins could weaken capital controls in emerging markets

Researchers found dollar-backed stablecoins are less affected by capital controls than traditional bank deposits, raising new questions about monetary sovereignty in emerging markets.

Discussion · 0

@·1s

💬 Discussion: BIS warns stablecoins could weaken capital controls in emerging markets Researchers found dollar-backed stablecoins are less affected by capital controls than traditional bank deposits, raising new questions about monetary sovereignty in emerging markets.

Reply with your take — replies appear on this article and in the main feed. Open thread