Digital currencies: The rise of stablecoins
Sep 19, 2019
On September 19, 2019, the IMFBlog released a blog on how the adoption of new, digital payment methods could bring significant benefits to customers and society: improved efficiency, greater competition, broader financial inclusion, and more innovation.
But it could invite risks to financial stability and integrity, monetary policy effectiveness, and competition standards, as outlined in a recent IMF staff paper, the first of a new series of Fintech Notes.
Review the full blog on the IMFBlog's website.