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IMF Paper: Stablecoins Offer FX Access but Risk Amplifying Currency Runs
L'essentiel
An IMF paper suggests stablecoins can improve foreign currency access in fixed exchange rate economies but may amplify currency runs during crises, prompting calls for transaction limits.
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An IMF paper suggests stablecoins can improve foreign currency access in fixed exchange rate economies but may amplify currency runs during crises, prompting calls for transaction limits.
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This article was originally published by Cointelegraph.
