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28 September 2021

Rise of Stablecoins, DeFi Make Central Bank Currencies ‘Urgent’: Bank for International Settlements - Decrypt

Rise of Stablecoins, DeFi Make Central Bank Currencies ‘Urgent’: Bank for International Settlements - Decrypt


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Rise of Stablecoins, DeFi Make Central Bank Currencies ‘Urgent’: Bank for International Settlements.

Central bank digital currencies will take years to be rolled out, while stablecoins and crypto assets are already here,” Coeuréreportedlysaid. 

Consequently, he is a firm believer in central bank digital currencies (CBDCs) as opposed to stablecoins or other kinds of cryptocurrencies. 

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