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IMF Flags Stablecoins as Source of Risk to Emerging Markets, Experts Say We Aren’t There Yet

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Markets, Stablecoins, Markets, IMF, News The IMF warns that USD-pegged stablecoins could undermine local currencies in emerging markets by facilitating currency substitution and capital outflows. The IMF warns that USD-pegged stablecoins could undermine local currencies in emerging markets by facilitating currency substitution and capital outflows. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Read More

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