LIVERealNaijaGist — Nigeria's Premier Breaking News, Entertainment & Lifestyle Hub
General News

IMF warns stablecoins cannot replace fiscal discipline as global debt risks mount

A
admin_charles
••1 views•1 min read
IMF warns stablecoins cannot replace fiscal discipline as global debt risks mount
ADVERTISEMENT

By Peter Egwuatu The International Monetary Fund (IMF) has warned that the growing adoption of dollar-backed stablecoins must not be allowed to weaken fiscal and monetary discipline in countries whose currencies and assets underpin the digital tokens. According to a statement released by the IMF,...

ADVERTISEMENT

Related Stories