Singapore’s Central Bank Sees Good Potential for Stablecoins To Become Widely Used Payment Instrument

The Monetary Authority of Singapore (MAS) says that stablecoins have the potential to become a widely adopted means of payment. In an interview with The Business Times, MAS managing director Chia Der Jiun says stablecoins have immense potential provided that regulations are in place to keep the crypto assets from straying from their linked value. […] The post Singapore’s Central Bank Sees Good... source: https://dailyhodl.com/2024/12/29/singapores-central-bank-sees-good-potential-for-stablecoins-to-become-widely-used-payment-instrument/