Are stablecoins the future? Don’t bank on it, warns the bank for central banks

Source: China – South China Morning PostWith some major economies leaping onto the stablecoin train – or being urged to do so, to further globalise their currencies – others are mulling whether getting on board would be akin to either riding the gravy train or feeling it fail to gather steam.
Now, the international financial organisation known as the “bank for central banks” has waded into the stablecoin debate as the buzzword gathers momentum.
In a “special chapter” released on Tuesday in advance of Sunday’s release of its Annual…Read More

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