Developing Economies Looking at Stablecoins & CBDC to Address Weaknesses
November 1, 2021
A number of emerging markets and developing economies (EMDEs) have been taking a gander at stablecoins and central bank digital currencies (CBDC) to address weaknesses in their financial systems. However, as per a report released Friday by the Bank for International Settlements (BIS), these digital currencies might create overwhelming issues in these markets and not […]