The IMF has kept close tabs on various cryptocurrencies for some time now. Numerous warnings regarding Bitcoin and altcoins have been issued in recent years. In a surprising turn of events, the organization now focuses its attention on stablecoins. These digital assets gain a lot of popularity, yet the IMF is concerned they will pose risks quite similar to the likes of Bitcoin. Criminals will always find a way to exploit any industry, and stablecoins will be no different. Replacing Banks is Plausible In virtually all cases, a stablecoin will represent a digital version of the fiat currency it is
The post The IMF Expresses Concerns Over Stablecoin Popularity appeared first on The Merkle Hash.
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