16 Days
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الاقتصادية
The Rise and Fall of Stablecoins
Meghan Green from the Bank of England predicted that digitized tokens will soon replace stablecoins, noting that tokenized deposits could become dominant within five years. She warned that banks may be prompted to develop them out of fear of losing traditional deposits. Green criticized stablecoins for their instability and the regulatory uncertainties surrounding them, as well as their negative impact on bank liquidity and monetary policy tools. Meanwhile, other officials, such as Chris Waller from the Federal Reserve, defended stablecoins and praised their benefits in reducing costs and supporting cross-border payments.
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