Stablecoins and CBDCs: Their Rise, Risks and Possibilities
Money For the Rest of Us
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Challenges and Prospects of Stablecoins
This chapter explores the impact of the Silicon Valley Bank collapse on stablecoins, particularly focusing on USDC's price dislocation and the inherent risks involved. It also discusses regulatory concerns, the lack of central bank insurance, and the potential advantages stablecoins offer in fostering economic inclusivity and transaction efficiency.
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