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COINTELEGRAPH.COM NEWS · CRYPTO ·

Former BIS chief softens stance on stablecoins, backs coexistence with fiat

As reported by Cointelegraph.com News
Former BIS general manager Agustín Carstens said stablecoins can enhance financial inclusion and innovation but stressed the need for global regulatory frameworks to enable coexistence with fiat money.
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Former BIS General Manager Agustín Carstens has softened his previous stance on stablecoins, now acknowledging their potential to significantly enhance financial inclusion and drive innovation within the financial sector. He emphasizes, however, the critical necessity for robust…

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