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Tobias Adrian on the Future of Finance

IMF Podcasts

CHAPTER

Stable Coins Are Unbacked. And So Are CBD C S?

The financial system ultimately relies on trust, right? So i'm trusting my bank to deposit my cash. And so are cbd c s. Stable coins do not have a liquidity back stop and need to be regulated. It's an extremely important ancor for the digital economy to have.

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