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Former President of the Bank for International Settlements: Stablecoins can promote financial innovation and inclusion while reducing costs

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ME News Report, June 23 (UTC+8), former Bank for International Settlements General Manager Agustín Carstens stated at the Point Zero Forum that stablecoins can promote financial innovation and inclusion while reducing costs. He pointed out that efforts should be made to create conditions for the coexistence of fiat currency and stablecoins. If the goal is to establish a global system where stablecoins interact with global currencies, it must be a global cooperative effort. Better regulation and a fair competitive environment for issuers can help stablecoins thrive dramatically. (Source: ChainCatcher)
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