Macro Musings with David Beckworth cover image

Manmohan Singh on the Role and Structure of Stablecoins and the Impact of Collateral in the Financial System

Macro Musings with David Beckworth

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Stable Coins

Central banks in general, find the frinte applications to be something very new. Most high networth individuals would rather face a bank or a non bank. The privacy iprovision is very strong. And i think from the cental bank, i we really have wont millions of come. I believe that if this market generally grows, do we really want the party element to be with a third party? Because semey semi central bank is ta conconter party.

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