IMF Paper Warns Dollar Stablecoins Can Trigger Currency Crisis

IMF Paper Warns Dollar Stablecoins Can Trigger Currency Crisis is being tracked by Portal2Earn as a news signal from BeInCrypto.

<p>A new International Monetary Fund (IMF) working paper finds dollar stablecoins can amplify currency runs in economies defending an overvalued fixed exchange rate, turning fragmented parallel-market prices into a single signal that lets households exit at once.&#160; IMF researcher Brandon Joel Tan describes a state-dependent effect. Stablecoins raise welfare during calm periods but deepen crisis</p> <p>The post <a href="https://beincrypto.com/imf-stablecoins-fragile-currency-pegs/">IMF Paper Warns Dollar Stablecoins Can Trigger Currency Crisis</a> appeared first on <a href="https://beincrypto.com">BeInCrypto</a>.</p>

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