Dollar stablecoins could improve FX access but amplify currency runs: IMF paper

An IMF working paper says dollar stablecoins can improve access to foreign currency but may also help coordinate exits from local currencies during periods of severe exchange-rate stress.

Source: Cointelegraph
https://cointelegraph.com/news/imf-stablecoins-fx-access-currency-runs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

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