DeFi fragmentation can only be solved at the account level
DeFi fragmentation hinders adoption, but chain abstraction at the account level could fix fragmentation Go to Source
fragmentation
Auto Added by WPeMatico
BIS General Manager Casts Doubt on Stablecoins, Claiming Tokens Do Not Benefit From Regulations or Central Planning
According to Agustin Carstens, the head of the Bank for International Settlements (BIS), cryptocurrencies have lost the “battle” against fiat currencies issued by the world’s central banks. While speaking at the Monetary Authority of Singapore on Wednesday, Carstens stressed that stablecoins are not reliable because they lack the “institutional arrangements and social conventions behind them.” … Read more
