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BIS warns stablecoins could weaken capital controls in emerging markets

Importance 30Neutral* Trust 78 · 1 source1.5Market Impact: 1.5/10 · Low
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BIS warns stablecoins could weaken capital controls in emerging markets

Researchers found dollar-backed stablecoins are less affected by capital controls than traditional bank deposits, raising new questions about monetary sovereignty in emerging markets.

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