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

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

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

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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.