FSB says global adoption of stablecoins is risky for developing economies

The Financial Stability Board (FSB) has put out a red flag about the global spread of stablecoins, especially concerning their effects on developing economies.  While stablecoins are praised for their ability to make transactions smoother and provide a stable store of value, the FSB’s report highlights a range of potential problems.  The collapse of some […] source: https://www.cryptopolitan.com/fsb-stablecoins-risky-developing-economies/