Central bankers see ‘potential’ in stablecoins
But John Williams, Cecilia Skingsley and Perry Warjiyo warn such systems must be better regulated
Senior central bankers see value in stablecoins as a possible means of improving payments, but warn more work is needed to ensure the sector is properly regulated.
John Williams, Cecilia Skingsley and Perry Warjiyo all said financial innovations, and particularly stablecoins, could be a useful means of improving the efficiency and inclusiveness of financial services.
“Personally I see the potential for stablecoins to serve a useful purpose,” said Williams, the president of the Federal Reserve
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